Private sector employment in the U.S. increased by more than expected in the month of January, according to a report released by payroll processor ADP on Wednesday.
ADP said private sector employment jumped by 205,000 jobs in January following an upwardly revised increase of 267,000 jobs in December.
Economists had expected employment to climb by about 190,000 jobs compared to the addition of 257,000 jobs originally reported for the previous month.
The material has been provided by InstaForex Company – www.instaforex.com