Private-sector employment rose by 192,000 in January, payroll giant ADP says.
That’s slightly higher than the revised job growth for December (185,000 jobs) but well in line with the sort of numbers we’ve been seeing month in and month out for what feels like forever.
ADP says that most of the job growth took place at small companies (1-49 employees), while the largest companies (+1,000 employees) even shed some jobs.
The biggest gains among industries tracked by ADP were in professional/business services and trade/transportation/utilities.
Here’s a slightly encouraging chart. Hopefully the official U.S. numbers on Friday will be just as encouraging.