Private Sector Adds More Jobs Than Expected in December
U.S. private employers added 325,000 jobs in December, easily beating economists' expectations, a report by a payrolls processor showed on Thursday.
Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 178,000 jobs.
ADP's November private payrolls reading was revised down to a 204,000 increase from the previously reported 206,000.
The report is jointly developed with Macroeconomic Advisers LLC.