Private Payrolls’ Growth Surpasses November Expectations
Private payrolls in the U.S. grew by 534,000 in November, beating the 506,000 expectations according to payroll processing company ADP on Wednesday. The data shows businesses were successful at hiring staff despite rising concerns about inflation and the fear of a sluggish winter in economic terms. Q3 2021 hedge fund letters, conferences and more Private Payrolls Grow In NovemberAs reported by CNBC, private hiring in the U.S. increased by 534,000 last month, well beyond the Dow Jones estimate of 506,000. Despite the slight recovery, “The total was a decline from the October growth of 570,000, ...