The private sector added 807,000 jobs in the U.S. in December, ADP says
Economists polled by The Wall Street Journal had forecast a gain of 375,000 private sector jobs in December. The ADP report is produced with Moody’s Analytics.
Service sector providers added 669,000 jobs in December. Leisure and hospitality added 246,000 workers. Meanwhile, goods producers added 138,000 jobs, the strongest gain of the year. Manufacturing added 74,000 jobs. Wall Street traders use the ADP report to get an early read on the Labor Department’s report on private payrolls. But the ADP data has often not been an accurate predictor.
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