ADP report- Private-sector employment increased by 205,000 in Jan

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 3, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - ADP report published today noted private-sector employment increased by 205,000 from December to January, on a seasonally adjusted basis. Service-providing employment rose by 192,000 jobs in January, down from an upwardly revised 237,000 in December. Goods-producing employment rose by 13,000 jobs in January, well off from December’s upwardly revised 30,000.

    Payrolls for businesses with 49 or fewer employees increased by 79,000 jobs in January, down from December’s upwardly revised 101,000. Employment among companies with 50-499 employees increased by 82,000 jobs, up still further from December’s upwardly revised 77,000. Employment at large companies – those with 500 or more employees – came in at 44,000, half of December’s downwardly revised 88,000. Companies with 500-999 added 15,000 jobs, while companies with over 1,000 employees gained 30,000 jobs.
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