December Sees Surge in U.S. Private Sector Jobs, Exceeding Forecasts The U.S. private sector hiring exceeded expectations in December, contributing to a robust jobs market in 2023. According to ADP, private payrolls increased by 164,000, surpassing the Dow Jones estimate of 130,000 and the previous month’s revised 101,000. This growth indicates a tight labor market, with initial jobless claims also dropping in the last week of the year. Leisure and hospitality led the gains, adding 59,000 jobs and showcasing the highest annual wage growth at 6.4%. Other significant contributions came from construction and various service industries, while manufacturing and resources sectors experienced slight declines. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts World Gold Council: Gold's Shines August Rally Continues READ MORE Despite Temporary Lull, China's Gold Buying Spree Far From Over, Say Insiders READ MORE How the Yen-Dollar Dance is Shaking Up Wall Street READ MORE Elite Hedge Fund's GameStop Bet Nets Millions Amid Meme Stock 400% Surge READ MORE Police Recover $100,000 in Gold Scam READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment