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U.S. Private Sector Employment Jumps Much More Than Expected In December
(RTTNews) - Payroll processor ADP released a report on Thursday showing private sector employment in the U.S. jumped by much more than expected in the month of December.
ADP said private sector employment shot up by 235,000 jobs in December after surging by an upwardly revised 182,000 jobs in November.
Economists had expected employment to jump by about 150,000 jobs compared to the addition of 127,000 jobs originally reported for the previous month.
The report noted the job resurgence in the last two months of 2022 was led by consumer-facing service industries.
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U.S. Adds 22,000 Jobs In August, Far Fewer Than Expected
Employment in the U.S. rose by much less than expected in the month of August, the Labor Department revealed in a closely watched report released on Friday. The report said non-farm payroll employment crept up by 22,000 jobs in August after climbing by an upwardly revised 79,000 jobs in July. Economists had expected employment to increase by 75,000 jobs.
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U.S. Employment Rises Much Less Than Expected In August
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U.S. Services Index Climbs To Six-Month High In August
Service sector growth in the U.S. accelerated by more than anticipated in the month of August, according to a report released by the Institute for Supply Management on Thursday. The ISM said its services PMI rose to 52.0 in August from 50.1 in July, with a reading above 50 indicating growth. Economists had expected the index to inch up to 50.5.
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U.S. Labor Productivity Surges 3.3% In Q2, Much More Than Previously Estimated
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U.S. Trade Deficit Widens More Than Expected As Imports Spike
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U.S. Jobless Claims Rise More Than Expected To Two-Month High
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U.S. Private Sector Job Growth Slows More Than Expected In August
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