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#Bidenflation

ADP Sees Just 106,000 New Jobs Vs. The 190,000 Expected

View Source | February 1, 2023 8:22 am

  • Job creation in the private sector plunged in January as weather-related issues sent workers to the sidelines, payroll processing firm ADP reported Wednesday.
  • Companies added just 106,000 new workers for the month, down from an upwardly revised 253,000 the month before. Economists surveyed by Dow Jones had been looking for a gain of 190,000.
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