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ADP: U.S. adds 192,000 private-sector jobs in Jan.

Daily newsbrief journal for January 2013, also see http://www.usdemocrats.com/brief for a global compendium library and follow twitter @usdemocrats


ADP: U.S. adds 192,000 private-sector jobs in Jan.

Postby admin » Thu Jan 31, 2013 5:23 am

ADP: U.S. adds 192,000 private-sector jobs in Jan.
from MarketWatch.com - MarketPulse
WASHINGTON (MarketWatch) -- The U.S. added 192,000 private-sector jobs in January, ADP estimated Wednesday. Economists polled by MarketWatch had expected the ADP report to show a gain of 173,000 private-sector jobs. Some analysts use ADP's data to provide guidance on the U.S. Department of Labor's private-payroll figure, which will be released Friday as part of the January unemployment report. In December, ADP initially reported a gain of 215,000, a miss of 47,000 from the Labor Department's subsequent private-payroll figure of 168,000. Currently analysts expect the Labor Department to report that nonfarm employment rose 163,000 in January, compared with a gain of 155,000 in December.
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