Private-sector payrolls increased 325,000 in December, led by the service-providing sector and small businesses, according to the ADP employment report released Thursday.
The November level was revised to 204,000 from a prior estimate of 206,000.
Markets look to ADP's report on private-sector payrolls to provide some guidance on the U.S. Labor Department's jobs estimate, which will be released Friday and includes information on both private- and public-sector payrolls.
However, analysts have noted seasonal-adjustment issues that have led to past ADP estimates for December substantially missing the government's data.
Economists polled by MarketWatch expect the Labor Department on Friday to report strengthening employment, with overall nonfarm payrolls up 150,000 in December, compared with 120,000 in November.
Economists also expect the unemployment rate to rise to 8.7% from 8.6%.
No hay comentarios:
Publicar un comentario