Hiring in U.S. Tops 200,000 for Fifth Straight Month as Recovery Quickens
ADP Report Finds U.S. January Payroll Gains of 213K
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Companies added more than 200,000 workers to payrolls in January for a fifth consecutive month, signaling steady labor market growth, according to a private payrolls report.
The 213,000 increase in employment followed a 253,000 December gain that was larger than initially reported, figures from Roseland, New Jersey-based ADP Research Institute showed Wednesday. The median projection of 44 economists surveyed by Bloomberg called for an advance of 223,000.