215,000 Private Sector Jobs Added in December, Says ADP
The private sector added 215,000 jobs in December, according to payroll processor ADP. The figure comes in well above consensus estimates of around 150,000, according to Bloomberg, and points to a promising December job report.
"[215,000] is above the trend job creation we've been getting over the past couple of years, at about 150,000 a month," said Mark Zandi, chief economist at Moody's Analytics, which coproduces the report with ADP, in a call with reporters Thursday morning.
Source: U.S. News & World Report. Read full article. (link)
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