News Summary: Private job survey shows more hiring
News Summary: Private job survey shows hiring increased 192,000 jobs in January
MORE JOBS: Payroll processor ADP says its survey shows U.S. businesses added 192,000 jobs in January, up from a revised number of 185,000 in December. The December figure was initially reported at 215,000.
SMALL BUSINESS LEADS THE WAY: Most of the gains came from small businesses with 49 or fewer employers. This group of firms added 115,000 jobs in January.
THE TRAILERS: Medium businesses, those with 50 to 499 employees, added 79,000 jobs during the month while large businesses cut 2,000 employees. The ADP report is derived from actual payroll data on nonfarm private employment.
