Economy

US Private Sector Jobs Rise 41,000 in December as Small Business Payrolls Rebound

Pay growth for job changers climbed while wage gains for job stayers remained unchanged.
US Private Sector Jobs Rise 41,000 in December as Small Business Payrolls Rebound
A hiring sign at a restaurant in Columbia, Md., on June 15, 2024. Madalina Vasiliu/The Epoch Times
Andrew Moran
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U.S. private sector employment increased in December, with small business payrolls rebounding from the previous month’s sharp decline, new ADP data released on Jan. 7 show.

Private companies added 41,000 new jobs last month after a downwardly revised 29,000 loss in November, according to the payroll processor’s National Employment Report.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."