December 4, 2013

November ADP: 215K Private-Sector Jobs Added; Oct. Revised Up 55K

Filed under: Economy,Taxes & Government — Tom @ 12:45 pm

The roller-coaster ADP National Employment Report is heading back up again:

Total U.S. Nonfarm Private Employment: +215,000

By Company Size
- Small businesses: +102,000
o 1-19 employees +57,000
o 20-49 employees +45,000

- Medium businesses: +48,000
o 50-499 employees +48,000

- Large businesses: +65,000
o 500-999 employees: -5,000
o 1,000+ employees: +70,000

-By Sector
– Goods-producing +40,000
– Service-providing +176,000

This is clearly better than expected news, especially the upward revision to October.

Of course, as Zero Hedge notes, this revived tapering fears, sending the stock market down for a bit (as of this writing, it’s still down, but only marginally).

Share

1 Comment

  1. [...] private sector payroll — up 215,000 in November, with a big upward revision to [...]

    Pingback by BizzyBlog — December 6, 2013 @ 8:12 am

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.