US Private Sector Job Gains Slow In January As Labor Market Cools

US hiring in the private sector fell more than expected in January, with the economy adding 107,000 jobs, said payroll firm ADP (Credit: AFP)

Private sector hiring in the United States slowed more than anticipated this month, according to data Wednesday from payroll firm ADP, following efforts to cool the world's biggest economy and tame inflation.

In January, the United States added 107,000 jobs in the private sector, ADP said, down from a revised 158,000 in December.