US Private Sector Hiring Up More Than Expected In December

Private sector employment rose more than analysts expected in December, at 164,000, said payroll firm ADP (Credit: AFP)

The US private sector added more jobs than anticipated in December, payroll firm ADP said Thursday, signaling a strong labor market could continue to support the economy despite higher interest rates.

The world's top economy saw private sector employment rise by 164,000 jobs in the final month of 2023, ADP said, significantly above November's revised 101,000 figure.