U.S. private-sector employment rose 307,000 in November, on a seasonally adjusted basis, according to ADP Research press release. Job growth remained positive across all industries and sizes, although the pace continued slowing.
- By Company Size
- Medium businesses, 50-499 employees, added the most jobs at 139,000
- Small businesses, 1-49 employees, added 110,000 jobs
- Large businesses, 500+ employees, added the fewest jobs at 58,000
- By Sector
- Service-providing businesses added the most jobs at 276,000
- Franchise jobs stood at 33,700
- Goods-producing businesses added the fewest jobs at 31,000
U.S. stocks are currently declining. SPY is down 0.30% on premarket, QQQ: NASDAQ is down 0.37% on premarket