Dec 5, 2012
Private sector adds fewer-than-expected jobs in November: ADP
118,000 jobs added in November, economists' expectations not met
(Reuters) — Private-sector employers added 118,000 jobs in November, shy of economists' expectations, a report by a payrolls processor showed on Dec. 5.
Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 125,000 jobs.
October's private payrolls were revised slightly down to an increase of 157,000 from the previously reported 158,000.
The report is jointly developed with Moody's Analytics.
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