Private sector adds 122,000 jobs in December, below expectations, ADP says
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Private sector firms added 122,000 jobs in December, payroll processing firm ADP said on Wednesday.
The figure was below economists’ estimates of 140,000 jobs and lower than last month’s 146,000.
“The labor market eased to a more modest pace of growth in the last month of 2024, with both hiring and wage growth slowing,” said Nela Richardson, chief economist at ADP. than in any other field.”
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