Jobs
US Hiring and Wage Growth Slowed in January, ADP Data Show
- Private payrolls advanced 107,000, lower than forecast
- All industries except information sector added jobs, ADP said
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US companies added fewer jobs than forecast at the start of the year, consistent with a gradually cooling labor market.
Private payrolls increased 107,000 in January from a downwardly revised 158,000 gain in December, according to figures published Wednesday by the ADP Research Institute in collaboration with Stanford Digital Economy Lab.