
January Surprise: Private Payrolls Beat Expectations with Robust Growth – Economic Highlights
January’s Surprising Private Payrolls Growth In an unexpected turn of events, the latest report from the Automatic Data Processing (ADP) National Employment Report revealed that private payrolls grew by an impressive 304,000 jobs in January, significantly surpassing the 165,000 jobs that economists had predicted. A Look at the Numbers The service-providing sector accounted for the…