» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome > Article
VOL. 40 | NO. 48 | Friday, November 25, 2016

Survey: US businesses add 216,000 jobs, most in 5 months

Print | Front Page | Email this story

WASHINGTON (AP) — U.S. companies added a solid 216,000 jobs in November, the most since June and evidence that the incoming Trump administration is inheriting a solid economy.

Payroll provider ADP says nearly all the gains occurred in service sectors such as retail, hotels and restaurants, as well as higher-paying professional services. Construction firms added 2,000 jobs, while manufacturing shed 10,000.

The figures come after other recent reports point to an economy expanding at a healthy clip. Americans bought homes at the fastest pace in a decade in October and consumer confidence is at a nine-year high.

The ADP data cover only private businesses and often diverge from official figures. Economists forecast that the government's jobs report, to be released Friday, will show a gain of 174,000 jobs, according to data provider FactSet.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0