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International Business Times
International Business Times
Carla St. Louis

Payrolls Grew More Than Expected In January: ADP Jobs Report

An employee looks at inventory at Staples in New York City. (Credit: Spencer Platt/Getty Images)

Private sector employment surged by 183,000 jobs in January, exceeding economists' forecasts and signaling a strong labor market.

Annual pay grew by 4.7% for employees who remained with their current employer (referred to as "job-stayers").

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