New Delhi, Dec. 7 -- In a stark signal that America's labor engine is sputtering, private employers shed 32,000 jobs in November, marking the third decline in four months and fueling urgent calls for the Federal Reserve to slash interest rates once more. The ADP National Employment Report, a closely watched private-sector gauge often seen as a precursor to official government data, revealed this unexpected contraction Thursday, sending Wall Street into a frenzy of bets on deeper monetary easing even as jobless claims plunged to a three-year low. Challenger, Gray & Christmas reported that planned layoffs surged to pandemic-era highs, with over 1.17 million job cuts announced year-to-date, the most since 2020, painting a picture of a "no hi...