US private payrolls miss expectations in November ...Middle East

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WASHINGTON: U.S. private payrolls increased less than expected in November as the labor market gradually cools. Private payrolls rose by 103,000 jobs last month, the ADP National Employment Report showed on Wednesday. Data for October was revised lower to show 106,000 jobs added instead of 113,000 as previously reported. Economists polled by Reuters had forecast private payrolls rising 130,000. The ADP report, jointly developed with the Stanford Digital Economy Lab, was published ahead of the release on Friday of the Labor Department’s more comprehensive and closely watched employment report for November. The ADP report has been a poor gauge for predicting the private payrolls count in the

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Last updated : 06 Dec 2023 clock 04:56 PM

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US private payrolls miss expectations in November ...Middle East

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