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- U.S. private employers add 307,000 jobs in November - ADP
U.S. private employers add 307,000 jobs in November - ADP
The employment
report prepared by Automatic Data Processing Inc. (ADP) and Moody's Analytics
showed on Wednesday the U.S. private employers added 307,000 jobs in November. This
was the lowest reading since July.
Economists had
expected an increase of 410,000.
The October
number saw an upward revision to 404,000 from the originally reported 365,000.
“While November
saw employment gains, the pace continues to slow,” noted Ahu Yildirmaz, vice
president and co-head of the ADP Research Institute. “Job growth remained
positive across all industries and sizes.”
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