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Wednesday, January 08, 2014

Private sector adds 238K jobs in December: ADP

http://www.adpemploymentreport.com/2013/December/NER/NER-December-2013.aspx

Private sector employment increased by 238,000 jobs from November to December, according to the December ADP National Employment Report®. ... The report, which is derived from ADP’s actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis. ... Mark Zandi, chief economist of Moody’s Analytics, said, "The job market ended 2013 on a high note. Job growth meaningfully accelerated and is now over 200,000 per month. Job gains are broad-based across industries, most notably in construction and manufacturing. It appears that businesses are growing more confident and increasing their hiring.”

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