US Private Sector Job Growth Slowed in Final Month of 2024
By Andrew Moran Private-sector hiring growth slowed in December 2024 as the U.S. labor market continued moderating. According to ADP’s National Employment Report, December payrolls increased by 122,000, down from the 146,000 increase in November. This represented the smallest increase in four months. Last month’s reading fell short of the consensus estimate of 140,000.
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