ADP: Private employers add 118,000 jobs in November(Read article summary)
ADP indicated that the situation for private employment in the US improved in November as private employers added 118,000 jobs. The ADP data suggests that the economy is showing the most growth for small to mid-size service jobs.
Private staffing and business services firm¬†ADP¬†released the¬†latest installment of their National Employment Report¬†Wednesday indicating that the situation for private employment in the U.S. improved in November as private employers added 118,000 jobs in the month bringing the total employment level 1.62% above the level seen in November 2012.¬†
Perusing¬†the rest of the data in the ADP dataset¬†you can see the the economy is currently showing the most growth for small to mid-sized service providing jobs with goods-producing jobs remaining near trough levels.¬†
Look for Friday‚Äôs BLS Employment Situation Report to likely show somewhat similar trends.¬†