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The Latest Breaking News from ADP

New update on devolved disability payment processing times for people waiting on decision

Some 60% of nearly 20,000 new applications were approved for an award of up to £627 a month by January 2023.

Daily Record

People making new claim for PIP could have award decision before end of June as processing times improve

New claims for PIP could be worth up to £691 each month from April once the annual benefits uprating is applied.

Daily Record

US hiring boom continued in February with 311,000 added jobs

Number is lower than January’s 504,000 jobs but comes as Fed signals aggressive interest rate hikes in bid to tame inflation

The Guardian - US

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People can apply for new disability payment before getting a confirmed medical diagnosis

Someone with a physical or mental health condition waiting for a diagnosis can apply for a benefit worth up to £627 a month.

Daily Record

DWP will pay you up to £627 a month if you have one of 70 conditions - and millions may qualify

Are you one of the nearly three million people in the UK who qualify?

Wales Online

Scottish mum with Multiple Sclerosis slams 'barbaric and discriminatory' benefits rules

The Scottish Government are proposing a new rule which disqualifies anyone who can walk further than 20m from the higher rate of mobility benefits but people living with MS have slammed the rule.

Edinburgh Live

Scots mum with Multiple Sclerosis blasts 'barbaric and discriminatory' ScotGov benefits rules

Amy Newton is backing the MS Society Scotland’s call for the scrapping of the 20-metre rule.

Daily Record

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US adds 517,000 jobs in January in huge gain for labor market

Total is far higher than what economists expected even as Federal Reserve continues to raise interest rates to bring down inflation

The Guardian - US

Small and medium companies are still battling for talent amid cooling job market

ADP’s most recent employment report paints the picture of a fragmented labor market.

Fortune

Asian shares mostly rise in muted trading on bargain-hunting

Asian shares are mostly higher after Wall Street benchmarks fell on worries that the U.S. Federal Reserve will keep raising interest rates

The Independent UK

Abandoned Edinburgh workshops set to be demolished for waterside student flats

Plans have been proposed for the development opposite the Union Canal at Lower Gilmore Place, with ADP Architecture overseeing the potential for 80 apartments to be built in the Fountainbridge area

Edinburgh Live

US adds 263,000 jobs in November as unemployment rate stays at 3.7%

Jobs market remains strong even as Fed imposes biggest series of rate rises in decades in effort to tame inflation

The Guardian - US

US adds 261,000 jobs in October as unemployment rate rises slightly

Final jobs report before midterms shows jobless rate at 3.7%, a day after Federal Reserve announced further interest rate hike

The Guardian - US

Wall Street Braces For Another 0.75% Interest Rate Hike Wednesday After Private Payrolls Growth Comes In Hot

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.5% on Wednesday morning morning ahead of a critical Federal Open Market Committee interest rat

Benzinga

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Tribune News Service

US firms add 239,000 jobs, boosted by leisure sector, ADP says

Hiring at U.S. companies rose in October by more than forecast, mainly reflecting a surge in leisure and hospitality and underscoring resilient labor demand despite the Federal Reserve’s efforts to cool the economy.

The Guardian - US

Ignore US government economic figures – base your decisions on actual data

The US reported the GDP bounced back – but at best it’s preliminary data that’s revised multiple times. Info from the top two payroll services are a better bet

WEKU

Stocks sink despite Friday's report that hiring cooled in September

A new jobs report showed a modest slowdown in hiring last month that was not enough to soothe Wall Street's worries about inflation and the Fed. The unemployment rate edged down to 3.5%

The Independent UK

More Americans apply for jobless benefits last week

More Americans filed for unemployment benefits last week, but the labor market remains strong even in the face of persistent inflation and a slowing overall U.S. economy

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news in one place.

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Benzinga

US Stocks Could Pause For Breather After 2-Session Rally As Futures Slump; Twitter, Tesla, Ford On Investor Radar

Futures trading indicates that the two-day rally seen in the market may stall, as traders pause for a breather and harp on economic fundamentals. On Tuesday, the major U.S. averages gap-opened sharply higher. Consolidating the gains over the course of the sessions, each of them closed 2.8% or above.

Benzinga

US Stock Futures Down Following Tuesday's Surge; ADP, Services Data In Focus

Pre-open movers U.S. stock futures traded lower in early pre-market trade on Wednesday after recording sharp gains in the previous session. The Dow Jones jumped by more than 800 points, while the Nasdaq Composite surged around 360 points on Tuesday. The S&P 500 also notched its biggest two-session surge since…

Benzinga

ADP, Microsoft And 3 Other Stocks Insiders Are Selling

U.S. stocks opened higher this morning on Wednesday. Investors, meanwhile, focused on some notable insider trades.

The Guardian - US

US added 315,000 jobs in August as strong market defies signs of worsening economy

Numbers come as Jerome Powell says Federal Reserve intends to continue interest rate hikes to try to tamp down inflation

Tribune News Service

Women’s pay growth outpaces men’s, but still hasn’t caught up

Women saw faster wage growth than men this year amid a tight US labor market, according to newly compiled data from ADP Research Institute, although they still got paid more than 25% less on average.

Glasgow Live

Glasgow buildings to light up purple tonight to mark city drug deaths

A number of well-known landmarks including the Ovo Hydro, the Finnieston Crane and the City Chambers will mark international Overdose Awareness Day, to remember the 311 people who died last year.

Benzinga

Nasdaq Rises 80 Points; Crude Oil Moves Lower

U.S. stocks traded mostly higher this morning, with the Nasdaq Composite gaining around 80 points on Wednesday

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