US private sector adds 183,000 jobs in January, exceeding expectations, with service sectors leading.

US private sector added 183,000 jobs in January, exceeding expectations of 150,000 jobs. Service-providing sectors led with 190,000 new jobs, but manufacturing lost 13,000 jobs. Annual pay growth for job stayers increased to 4.7%, while job changers saw 6.8% growth. The report, from ADP and Stanford Digital Economy Lab, precedes the government's broader jobs report, expected to show similar trends.

6 weeks ago
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