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US private employment growth eases but manufacturing shines: ADP

The unemployment rate is forecast to stay steady at the 4.1% recorded a month earlier

Reuters  |  New York 

US private-sector employment growth eased in November even as the manufacturing sector added the most jobs in at least 15 years, a report by a payrolls processor showed on Wednesday. Private employers added 190,000 jobs last month, down from an unrevised 235,000 in October, the ADP National Employment Report showed. That was roughly in line with expectations for a gain of 185,000 jobs in a Reuters poll of economists, with estimates ranging from 150,000 to 240,000. The report is jointly developed with Moody's Analytics. "The job market is red hot, with broad-based job ...

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First Published: Wed, December 06 2017. 21:06 IST