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applegrove

(118,622 posts)
Thu Jan 3, 2013, 07:54 PM Jan 2013

"Businesses Added 215,000 jobs in December, survey shows"

Businesses Added 215,000 jobs in December, survey shows

NBC News

http://www.nbcnews.com/business/economywatch/businesses-added-215-000-jobs-dec-survey-shows-1B7812002?ocid=msnhp&pos=4

"SNIP.............................................


U.S. private-sector employers added 215,000 jobs last month, well above economists' expectations, a report by payrolls processor ADP showed. And planned layoffs dropped for the first time in four months, according to a separate report from consultants Challenger, Gray & Christmas, Inc.

Jobless claims bucked the trend by rising in the latest week, but the data was distorted by the holidays.

"All the labor market data….has held up very, very well so (there is) no sign of the fiscal cliff impact on the job market," said Mark Zandi, chief economist at Moody's Analytics.


Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 133,000 jobs.

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