December 3, 2025
United States:
Payrolls at US Companies Fall by Most Since 2023, ADP Says
US companies shed payrolls in November by the most since early 2023, adding to concerns about a more pronounced weakening in the labor market.
Private-sector payrolls decreased by 32,000, according to ADP Research data released Wednesday. Payrolls have now fallen four times in the last six months.
Europe:
ECB’s Lagarde Says Inflation to Stay Near 2% in Months Ahead
Inflation in the euro area will probably remain near the European Central Bank’s goal for the time being, though the outlook is still clouded by the situation around tariffs, according to President Christine Lagarde.
Consumer-price growth is close to 2%, with underlying pressures consistent with achieving that level over the medium term, Lagarde told lawmakers in the European Parliament.
Asia:
Japan Metal Union Aims for Record Wage Hike as BOJ Watches Trend
A Japanese labor union group will push in annual negotiations for a salary hike that exceeds the record gain obtained in the previous round of talks, in the latest sign that pay momentum is holding up.
The Japan Council of Metalworkers’ Unions called for a monthly base pay increase of at least ¥12,000 ($77) in negotiations that will run through March, according to a plan approved by its board on Wednesday.
Disclaimer:
Analyst Certification – The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.
Company Disclosure – The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.
