Private Sector Adds 158,000 Jobs in Nov. - ADP Survey

Total nonfarm private employment grew 158,000 from October to November on a seasonally adjusted basis, according to the ADP National Employment Report, prepared by Macroeconomic Advisers, LLC (MA)

The median forecast for the ADP survey from economists polled by Reuters pointed to a reading of 125,000 new jobs for the November report.

These findings suggest a modest acceleration of employment in November, following three months during which gains in private nonfarm employment averaged a slower 104,000 per month.  


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