(Reuters) - U.S. private employers added 246,000 jobs in January, above economists' expectations, a report by a payrolls processor showed on Wednesday.þþEconomists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 165,000 jobs, with estimates ranging from 140,000 to 200,000.þþPrivate payroll gains in the month earlier were revised down to 151,000 from an originally reported 153,000 increase.þþThe report is jointly developed with Moody's Analytics.þþThe ADP figures come ahead of the U.S. Labor Department's more comprehensive non-farm payrolls report on Friday, which includes both public and private-sector employment.þþEconomists polled by Reuters are looking for U.S. private payroll employment to have grown by 169,000 jobs in January, up from 144,000 the month before. Total non-farm employment is expected to have climbed by 175,000.þþThe unemployment rate is forecast to stay steady at the 4.7 percent recorded a month earlier.
Source: NY Times
