Private Sector, Good News | featured news

Private-sector employers added 192,000 jobs in January, more than economists were expecting, in a sign of growth in the labor market, a report by a payrolls processor showed on Wednesday.

Private-sector employers shrugged off a looming budget crisis and stepped up hiring in December, offering further evidence of underlying strength in the economy as 2012 ended.

U.S. companies added 158,000 jobs in October, data from a payrolls processor showed on Thursday in a revamped report on the private sector labor market. The historical data for the ADP National Employment Report was revised as part of the new methodology, which was used for the first time in the October report. September's increase has halved to 88,200 new jobs from an initially reported 162,000.

Jack Welch and his merry band of job truthers must be tearing out what little hair they collectively can find a top their heads. A cascade of economic data out today—all from the private sector—is making it more than clear that not only is the economy performing far better than people seem to think, but that last week’s BLS job numbers turn out to make more than perfect sense.

Consumer confidence unexpectedly rose in July as Americans were more optimistic about the short-term outlook than they were about their current conditions, according to a private sector report released on Tuesday.

Private-sector jobs in the U.S. increased 209,000 last month, according to a national employment report published by payroll processor ADP. The gain was just above economists' median expectation of 200,000 contained in a survey done by Dow Jones Newswires.

The pace of job creation by private employers accelerated more than expected in February, a report by a payrolls processor showed on Wednesday.

The ADP report showed private employers added 206,000 jobs this month, prompting economists to raise their forecasts for the U.S. labor report on Friday.

U.S. consumer confidence bounced back from a 2-1/2 year low in November as apprehension about job and income prospects eased, according to a private sector report released Tuesday.

Payroll firm ADP said private businesses added 114,000 jobs in July, more than expected, but similarly strong figures last month contrasted with government data.