Survey: US businesses added a solid 179,000 jobs last month
Published 8:12 am Friday, December 7, 2018
WASHINGTON — U.S. businesses hired new workers at a solid pace in November, adding 179,000 jobs, according to a private survey.
The report comes as other data also suggest the U.S. economy remains healthy, even as the financial markets have gyrated over concerns about a trade conflict with China and slowing global growth.
Payroll processor ADP said Thursday that last month’s job gains slowed from October’s strong showing of 225,000. Still, November’s hiring is enough to lower the unemployment rate over time.
Job gains were strong in health care, which added 37,000 jobs, and in hotels and restaurants, which gained 26,000. Professional and technical services, which include high-paying jobs such as accountants and engineers, added 25,000.