ADP survey data: U.S. private sector payrolls fell by 522,000 in January

04 Feb ADP survey data: U.S. private sector payrolls fell by 522,000 in January

Posted at 10:02h in Digest, Economy by

Washington, D.C. – The U.S. private sector shed 522,000 jobs in January, according to the ADP employment index, pointing to another hefty month of job losses when the government reports its payroll figures on Friday. The ADP index, compiled from anonymous payroll data, showed the goods-producing industries lost 243,000 jobs, while the service-producing industries lost 279,000 jobs.
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