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View Full Version : Jobs up again!



jimnyc
01-31-2018, 05:44 PM
Lets hope this trend continues, good for all of use!

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Private payrolls grow by 234,000 in January, vs 185,000 expected: ADP/Moody's Analytics

-Private companies hired 234,000 jobs in January, well above expectations for 185,000, according to ADP and Moody's Analytics.
-Service-related industries led with 212,000 new jobs; manufacturing added 12,000 and construction 9,000.
-The report often differs significantly from the government's more closely watched nonfarm payrolls count, with ADP reporting growth of 242,000 in December vs. the Labor Department's 148,000.

The new year got off to a strong start for job creation, with businesses adding 234,000 in January, according to a report Wednesday from ADP and Moody's Analytics.

Economists surveyed by Reuters had been looking for private payrolls to grow by 185,000.

Job creation was concentrated largely in service-related industries, which contributed 212,000 to the total.

Within that sector some of the better-paying industries showed solid gains: Trade, transportation and utilities led with 51,000, education and health services added 47,000 and professional and businesses services contributed 46,000. Leisure and hospitality services also grew by 46,000.

Rest - https://www.cnbc.com/2018/01/31/private-jobs-up-234k-in-january-vs-185k-est-adp-moodys-analytics.html