Tag: US private payrolls

• Thursday, January 31st 2019 - 09:38 UTC

  US private payrolls increased in January, but the housing market is down

  

  United States private payrolls increased solidly in January, pointing to sustained labor market strength despite a recent easing in consumer and business confidence that has suggested a loss of momentum in the economy. The strong hiring shown in the ADP National Employment Report on Wednesday also suggested there had been minimal impact on the labor market from the just-ended 35-day partial shutdown of the federal government.