ADP Says Companies in U.S. Increased Payrolls by Most in a Year
- Gains were broad-based among large, medium and small firms
- Increase in hiring topped all estimates in Bloomberg survey
U.S. Companies Add 257,000 Workers in ADP Report
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Companies boosted payrolls in December by the most in a year, indicating the U.S. job market had momentum as 2015 came to a close, according to a private report based on payrolls.
The 257,000 increase in employment exceeded the most optimistic forecast of economists surveyed by Bloomberg and marked the biggest jump since December 2014, figures from the ADP Research Institute in Roseland, New Jersey, showed Wednesday.