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ADP Reports 215,000 Jobs Created In December

December job numbers exceeded analysts’ expectations with private sector employers adding 215,000 jobs, according to a montly survey by payroll-processing company ADP. These numbers would indicate that companies did not hold back on hiring due to fiscal cliff woes, as was previously expected. As Mark Zandi, chief economist at Moody’s Analytics said on a call with reporters, “The clearest point in the data is that the fiscal cliff debate has not seemed to do any significant damage.” Zandi also reported that they expect job growth to stay close to the 150,000 jobs-per-month is has maintained during the recovery thus far. To read the full report visit USAToday.


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