Private sector employment in the U.S. increased by much more than anticipated in the month of January, according to a report released by payroll processor ADP on Wednesday.
ADP said employment in the private sector spiked by 234,000 jobs in January after surging up by a revised 242,000 jobs in December.
Economists had expected an increase of about 185,000 jobs compared to the jump of 250,000 jobs originally reported for the previous month.
The material has been provided by InstaForex Company – www.instaforex.com
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