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Jacob Marley
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From: rnsmth1/5/2022 8:58:16 AM
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ADP jobs up 807K in December, beating estimates for 414K

Jan. 05, 2022 8:28 AM ET By: Gaurav Batavia, SA News Editor 10 Comments

ADP Jobs Report: +807K vs. +414K consensus and +505K prior (revised).Goods producing sector added 138K jobs, while service producing sector added 669K jobs.



“December’s job market strengthened as the fallout from the Delta variant faded and Omicron’s impact had yet to be seen,” said Nela Richardson, chief economist, ADP. “Job gains were broad-based, as goods producers added the strongest reading of the year, while service providers dominated growth. While job gains eclipsed 6 million in 2021, private sector payrolls are still nearly 4 million jobs short of pre-COVID-19 levels.”
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