Inside these posts: Macroeconomic Advisers

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Private sector adds 297,000 jobs in December

U.S. private sector jobs surged in December at a rate three times stronger than forecast, a hiring report showed, the most bullish signal in months that a recovery in the world’s biggest economy is stepping up a gear.

The ADP Employer Services private sector jobs report on Wednesday comes two days ahead of the U.S. government’s closely watched payrolls report. Many economists raised their forecasts for a wider reading of jobs growth on Friday. Get the full story »