The private sector ADP report showed that 170,000 jobs were created in the month of January. This completes two years of job gains mostly led by small businesses and the services sector. Overall the labor market is on the path of recovery according to economists who see the creation of jobs and the drop in unemployment claims going hand in hand to ease the labor crisis. The ADP report showed that 95,000 jobs were created at small businesses, medium sized businesses added 72,000 jobs and large businesses added 3,000 jobs. This Friday, we will see release of the government Non Farm Payroll report for January. Read more