The ADP employment report released today showed that 325,000 positions were created in December. The figures are adjusted on a seasonal basis. The ADP report precedes the Non-Farm payrolls report due tomorrow. The ADP report captures data in the private sector. According to the ADP report, the services sector added 273,000 positions in December compared to 176,000 positions in November. The goods sector added 52,000 positions and the manufacturing sector added 22,000 jobs. Read more
