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Company Hiring Continues to Slow, Hits Lowest Rate Since Summer

2020-12-02 45 Dailymotion

Company Hiring <br />Continues to Slow, Hits Lowest Rate Since Summer.<br />Reports released by payroll <br />company ADP reveal a November <br />private payroll growth of 307,000 jobs.<br />The number represents a decline of <br />nearly 100,000 private payroll jobs <br />from October's addition of 404,000.<br />Job growth remained positive across all industries and sizes [...] While November saw employment gains, the pace continues to slow, Ahu Yildirmaz, ADP Research Institute, via CNBC.<br />Wall Street economists had projected <br />a November private payroll growth <br />of at least 475,000 jobs.<br />The November job gains <br />are the smallest since July, <br />when 216,000 private sector <br />jobs were added to the economy.<br />Hospitality jobs made the biggest <br />impact, adding 95,000 in November.<br />Health services and education also <br />made significant additions, with 69,000 jobs <br />that were mostly related to health service

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