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WSJ Minute Briefing

ADP Estimates Private Sector Was Shedding Jobs in October

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 11 November 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: Paramount Skydance shares jump after the entertainment company reports third quarter earnings. And Pakistan blames India-backed militants for a deadly suicide bombing in Islamabad, raising tensions in the region. Zoe Kuhlkin hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:02.2

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0:04.4

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0:09.1

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0:12.7

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0:17.7

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0:23.5

real with realtor.com. Pros number one most trusted app based on August 2025 proprietary survey.

0:33.6

Here's your midday brief for Tuesday, November 11th. I'm Zoe Colkin for the Wall Street Journal.

0:40.3

Payrolls firm ADP is estimating that the private sector lost 11,250 jobs a week in the four weeks through October 25th.

0:49.3

Last week, in a separate data series, that's intended to more closely track the government's monthly jobs report, ADP said the private sector added 42,000 jobs in October.

0:59.4

Reports from alternative sources have become more important during the government shutdown

1:03.1

as the release of the official numbers has been delayed.

1:07.1

Paramount says its streaming division grew in its first quarterly earnings report since merging

1:11.2

with Skydance. The company reported total revenue of $6.7 billion for the third quarter and

1:17.7

says it expects $30 billion in revenue for 2026. Its direct-to-consumer revenue grew 17% from

1:24.7

a year ago, largely because of higher revenue from streaming service Paramount Plus.

1:29.9

Paramount says it's planning to raise prices for Paramount Plus in the U.S.

1:34.0

Shares of Paramount are up 9% this morning.

1:37.5

And Pakistan is blaming militants backed by India for a suicide bombing that killed 12 people

1:43.2

outside a courthouse in Islamabad today.

1:46.0

This news comes as India's prime minister is vowing to find the people responsible for yesterday's

1:51.4

deadly explosion in New Delhi. Police haven't determined the cause of the blast, which killed

...

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