The latest ADP report is somewhat worrisome. I will wait though for an analysis until Friday when the U.S. Labor Department puts out its monthly jobs report. Sometimes the two reports differ quite a bit. Please check out the report below from 24/7 News Source.
(Washington, DC) -- U.S. private sector job growth continues to decline as it reached a six-month low in November. According to the ADP National Employment report, just 67-thousand jobs were created last month, which was less than half of what experts had forecast. American firms have added an average of about 159-thousand jobs per month in the last 12 months, the lowest since 2011. Most of November's job gains came from the services sector, and manufactured goods producers cut jobs for a third straight month.
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