Private employment spikes more than expected in November
Private employment in the US grew by 216,000 payrolls in November, according to ADP Research Institute.
Economists had forecast that private payrolls increased by 170,000 in November, according to Bloomberg. The October gain was revised down to 119,000 from 147,000.
"We saw very strong job growth that has almost doubled in gains over October 2016," said Ahu Yildirmaz, vice president and head of the ADP Research Institute.
"This growth was seen in primarily consumer-driven industries like r
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