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USA: +164,000 private sector jobs in December (ADP)

January 04, 2024 at 07:06 pm IST

The U.S. private sector generated 164,000 new jobs in December 2023, according to the monthly survey published this Thursday by ADP, a specialist in human resources management outsourcing.

Private job creation was thus well above economists' expectations (around 120,000 according to Jefferies), but also significantly faster than the 103,000 announced by the firm for the previous month.

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