Private payrolls in US miss expectations as Covid-19 cases mount ...Qatar

US private payrolls increased less than expected in November, likely hampered by soaring new Covid-19 infections and business restrictions, adding to signs of slowing economic activity as a turbulent year winds down. The slowdown in private hiring displayed in the ADP National Employment Report yesterday puts pressure on Congress to agree on additional fiscal stimulus to aid the recovery from the worst recession since the Great Depression. A bipartisan group of lawmakers on Tuesday proposed a new $908bn emergency relief package. Senate Majority Leader Mitch McConnell said he and fellow Republicans were vetting stimulus ideas they believed President Donald Trump would sign into law. Presiden

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Last updated : 02 Dec 2020 clock 11:31 PM

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Private payrolls in US miss expectations as Covid-19 cases mount ...Qatar

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