U.S. private sector adds more jobs in Nov

Dubai – Mubasher: The U.S. private employers added 217,000 jobs in November, the biggest most since June, showed ADP National Employment Report.

Economists surveyed by Reuters had predicted the ADP National Employment Report would show 190,000 jobs added. Private payroll gains in October were revised up to 196,000 from the erstwhile 182,000 increase, according to FXStreet website.

Employment gains have been healthy across businesses. Small employers added 81,000 jobs; medium-sized companies added 62,000 and 74,000 workers were hired by large businesses. Again, a record 57,000 people were added in November by those large companies whose strength ranges from between 500 and 999 workers. The services sector added 204,000 jobs, while 13,000 new workers were hired by goods-producing companies.
 

Mubasher Contribution Time: 02-Dec-2015 13:38 (GMT)