Wednesday, February 1, 2012

ADP: 170,000 Private Sector Jobs Added in January

ADP reported today that employment in the U.S. nonfarm private business sector increased by 170,000 from December to January on a seasonally adjusted basis.

ADP lowered its estimate of private sector jobs added in December from 325,000 to 292,000.

Employment in the private, service-providing sector rose 152,000 in January, and employment in the private, goods-producing sector increased 18,000 in January, while manufacturing employment increased 10,000.

Read the report.

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