ADP chief economist NELA RICHARDSON said jobseekers are highly sensitive to real-time economic conditions; their rapid wage gains imply supply constraints in parts of the labor market. She added employers' responses to macro shifts are altering typical hiring patterns.

2026-08-05

ADP chief economist NELA RICHARDSON said jobseekers are highly sensitive to real-time economic conditions; their rapid wage gains imply supply constraints in parts of the labor market. She added employers' responses to macro shifts are altering typical hiring patterns.