ADP: Private Employment Increased 122,000 in December - InvestingChannel

ADP: Private Employment Increased 122,000 in December

From ADP: ADP National Employment Report: Private employers added 122,000 jobs in December

“The labor market downshifted to a more modest pace of growth in the final month of 2024, with a slowdown in both hiring and pay gains. Health care stood out in the second half of the year, creating more jobs than any other sector.

emphasis added

This was below the consensus forecast of 143,000. The BLS report will be released Friday, and the consensus is for 150,000 non-farm payroll jobs added in December.

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