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Private sector posts biggest job growth in nearly a year

NEW YORK (Reuters) – Private sector job growth accelerated in November as employers created the most jobs in nearly a year, prompting some economists to raise their forecasts for Friday’s more comprehensive government labor report. The beleaguered housing market also showed some unexpected cheer as pending home sales surged in…

Private sector job growth beats expectations in October

NEW YORK (Reuters) - U.S. private employers added more jobs than expected last month, while planned layoffs dropped sharply, underscoring the view the economy is on a path of slow growth. The ADP National Employment Report showed on Wednesday the economy’s private sector added 110,000 jobs in October, topping economists’ expectations for a…

U.S. private sector job growth slows in July

WASHINGTON — The US private sector hiring slowed in July, a private survey showed Wednesday, as the economy slowed and uncertainty rose from the political battle over raising the country’s debt ceiling. Payrolls firm ADP said a net 114,000 jobs were created by private, non-farm businesses, compared to 145,000 in…

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