Private payrolls rose by 122,000 in December - ADP
Investing.com - US private payrolls growth slowed in December, but the labor market showed enough underlying strength to suggest that the Federal Reserve will take its time cutting interest rates this year.rose by 139,000 jobs last month, after advancing by 146,000 in November, the ADP National Employment Report showed on Wednesday.
These reports were published ahead of Friday's more comprehensive and closely watched employment report for October from the Labor Department's Bureau of Labor Statistics.Labor market data has been volatile in recent months amid disruptions from strikes and hurricanes.
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