215,000 Private Sector Jobs Added in December, Says ADP
That's well above economists' predictions
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.
Hide Comments (0)
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post commentsMute this user?
Ban this user?
Un-ban this user?
Nuke this user?
Un-nuke this user?
Flag this comment?
Un-flag this comment?