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ADP Inc.
Private-sector job growth picked up in December, ADP reports
Private-sector job growth picked up in December, ADP reports

Private-sector job growth accelerated in December with U.S. businesses adding 241,000 net new jobs, payroll firm Automatic Data Processing said Wednesday. The figure was an increase from 227,000 in November, which was revised up from an initial estimate of 208,000. Economists had forecast December job growth to be 235,000. “The job market continues to power forward," said Mark Zandi, chief economist of Moody’s Analytics, which assists ADP in preparing the report. "Businesses across all industries and sizes are adding to payrolls," he said. The ADP data is watched closely as a harbinger of the Labor Department's jobs report, which covers private-...

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