The US private sector generated just 107,000 new jobs in January, according to the monthly survey published this Wednesday by ADP, a specialist in human resources management outsourcing.

These job creations were well below economists' expectations (around 150,000 according to Jefferies), but also down sharply on the previous month's figure of 158,000 (revised from the initial estimate of 164,000).

Copyright (c) 2024 CercleFinance.com. All rights reserved.