U.S. private sector adds 175K jobs in January vs. 189K expected


The economic outlook’s hue got a tinge less rosy after the private sector added slightly fewer jobs in January than forecast. Employers added 175,000 new jobs from December to January, below the 189,000 expected, according to the ADP national employment report released Wednesday.

The report also revised the number of jobs created in December down from 238,000 to 227,000.

“Cold and stormy winter weather continued to weigh on the job numbers,” said Mark Zandi, chief economist of Moody’s Analytics, which helps ADP compile its report. “Underlying job growth, abstracting from the weather, remains sturdy.

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