Employment Rose 93,000 In November, ADP Says

Private-sector employment increased by nearly 100,000 in the month of November, payroll giant ADP reported this morning.

This would be the tenth consecutive month of gains, though over each of the ten months, employment has increased by an average of 47,000—not enough to make significant strides toward recovery or even toward lowering the unemployment rate, which is likely to remain over 9 percent for all of 2011, ADP said.