ADP Services Reports Private payrolls increased by 190,000 in November, 2017 … Manufacturing Had its Best Month of the Year with 40,000 New jobs



Manufacturing had its best month of the year with 40,000 new jobs!!!  Trump is doing what Obama said was impossible. He is bring back manufacturing jobs. Maybe the liberal MSM would like to report this. It is amazing what has gone on in the economy and the stock market since Trump has wo the presidency. Too bad the media and Democrats couldn’t provide credit where credit is due.

ADP November payrolls up 190,000 from CNBC.

Surge in manufacturing jobs causes private payrolls to rise more than expected in November

  • Private payrolls increased by 190,000 in November, ahead of analyst expectations of 185,000 but less than the 235,000 in October.
  • Manufacturing had its best month of the year with 40,000 new jobs. Service-oriented industries grew by 155,000.
  • Moody’s economist Mark Zandi says the jobs market is “red-hot” and there’s a danger it could “overheat” in 2018.

The manufacturing industry posted its best month of job gains all year, leading a better-than-expected rise in private payrolls during November.

Companies added 190,000 in the month as the economy seemed to return to normal following the violent hurricane season, according to the monthly report from ADP and Moody’s Analytics. The total was just above the 185,000 expected from economists surveyed by Reuters and below the 235,000 growth in October.

The manufacturing sector added 40,000 positions alone.

If you liked this post, you may also like these:

  • ADP: US Private Sector Added 250,000 Jobs in December 2017 vs. Estimate of 190,000
  • Trump Economy off with a Bang … U.S. Added 227,000 Jobs in January 2017
  • ADP: Private Payrolls Grew 263K in March 2017 vs. 185K Estimated
  • ADP/Moody’s Analytics: Private-Sector Jobs Grow by 235,000 in February vs 195,000 Expected
  • BLS: Increased by 148,000 in December 2017 … Unemployment Rate Stays at 4.1%

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