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 »
