ADP: US Private Sector Added 250,000 Jobs in December 2017 vs. Estimate of 190,000



As reported at CNBC, U.S.  Companies hired 250,000 new workers to close out the year in the month of December, well above Wall Street expectations of 190,000.But instead of concentrating on the amazing things that are taking place in the US, the liberal bias media would rather focus on a book and a perceived pissing contest between Steve Bannon and President Trump. Look around you America to the things that actually affect you. Today, in the wake of this jobs report The DOW will go over 25,000!!! And in February you will see the affects of the GOP tax cuts in your pay check. Keep you eye on the ball America, Trump is actually doing amazing things for us and making America Great Again.

jobs increase

Private sector job creation surged in December as a strong holiday shopping season pushed companies to hire more workers, according to a report Thursday from ADP and Moody’s Analytics.

Companies hired 250,000 new workers to close out the year, well above Wall Street expectations of 190,000. The month was the best for job creation since March and topped the 185,000 in November, a number that was revised lower by 5,000.

The total brought 2017′s private payroll growth as gauged by ADP and Moody’s to 2.54 million, an average of 212,000 a month.

Job growth was broad-based, as professional and business services led the way with 72,000 new positions. The education and health services sector was next at 50,000 and trade, transportation and utilities contributed 45,000. Wall Street-related payrolls grew by 19,000.

The information services sector was the only one to lose jobs, reporting a drop of 4,000.

By size, businesses with between 50 and 499 employees added 100,000 jobs while small firms hired 94,000 and large companies contributed 56,000 to the total.

“The job market ended the year strongly,” Mark Zandi, Moody’s chief economist said in a statement. “Robust Christmas sales prompted retailers and delivery services to add to their payrolls. The tight labor market will get even tighter, raising the specter that it will overheat.”

Overall, service-related companies were responsible for the balance of jobs, with 222,000 new hires. Goods-producing industries added the rest, with construction growing by 16,000 and manufacturing by 9,000.

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  • United States Federal Government Cut 16,000 Jobs in 2017
  • Obamanomics: The Obama Job Recovery Plan Yields a Dismal 179,000 Private Sector Jobs for April 2011
  • BOOM!!! 250,000 JOBS in OCTOBER, Far better than Expectations!!! 3% Wage Gain, FIRST TIME Since Recession!!! LOWEST Unemployment for Hispanics in History!!!

  • Comments

    One Response to “ADP: US Private Sector Added 250,000 Jobs in December 2017 vs. Estimate of 190,000”

    1. A Texas Grandfather on January 4th, 2018 11:58 am

      This is all the result of the Trump vision for the country.

      The dumbest thing that this country ever did was to allow the “left wing nuts” to chase out the manufacturing sector via foolish regulations.

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