1 month ago
Economic Indicators

U.S. Adds 213,000 Private Sector Jobs in January: ADP

Investing.com - U.S. private employers added 213,000 jobs in January, above economists' expectations, a report by payrolls processor ADP

Investing.com - U.S. private employers added 213,000 jobs in January, above economists' expectations, a report by payrolls processor ADP (NASDAQ:ADP) showed on Wednesday.

Economists had expected a gain of 180,000 jobs.

ADP also revised up its estimate for private-sector job growth in December to 263,000 from an earlier estimate of 217,000.

The rise in December was consequently the biggest monthly increase in private jobs since January 2016.

The ADP figures come ahead of the Labor Department's more comprehensive non-farm payrolls report on Friday, which includes both public and private-sector employment.