Private payrolls surged by 183K in January, surpassing forecasts. Strong hiring in services offsets manufacturing job losses.
ADP said companies created a net 183,000 jobs on the month, slightly more than the 176,000 in December. Pay for workers who stayed in their jobs grew at a 4.7% annual rate, or 0.1 percentage point ...
Service industries such as trade and transportation led private payrolls higher, according to ADP, which also reported the ...