(Total Views: 137)
Posted On: 01/05/2023 9:25:04 AM
Post# of 126611
Re: Goosebumps #98229
Funny how breaking news obsoletes/refutes the dumbest hand wringing reality denying posts on this board init?
Private payroll growth surged by 235,000 in December, well above estimate, ADP reports
Source: CNBC
The jobs market closed out 2022 on a high note, with companies adding far more jobs than expected in December, payroll processing firm ADP reported Thursday.
Private payrolls rose by 235,000 for the month, well ahead of the 153,000 Dow Jones estimate and the 127,000 initially reported for November.
While the goods-producing sector increased by a relatively meager 22,000, service providers added 213,000, led by leisure and hospitality, which added 123,000 positions. Professional and business services grew by 52,000, while education and health services added 42,000.
The big jobs surprise comes despite the Federal Reserve’s attempts to slow a sizzling jobs market that has helped push inflation to near its highest level in more than 40 years.
Read more: https://www.cnbc.com/2023/01/05/adp-jobs-repo...-2022.html
Private payroll growth surged by 235,000 in December, well above estimate, ADP reports
Source: CNBC
The jobs market closed out 2022 on a high note, with companies adding far more jobs than expected in December, payroll processing firm ADP reported Thursday.
Private payrolls rose by 235,000 for the month, well ahead of the 153,000 Dow Jones estimate and the 127,000 initially reported for November.
While the goods-producing sector increased by a relatively meager 22,000, service providers added 213,000, led by leisure and hospitality, which added 123,000 positions. Professional and business services grew by 52,000, while education and health services added 42,000.
The big jobs surprise comes despite the Federal Reserve’s attempts to slow a sizzling jobs market that has helped push inflation to near its highest level in more than 40 years.
Read more: https://www.cnbc.com/2023/01/05/adp-jobs-repo...-2022.html
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