U.S. Economy Gains Whopping 206,000 Jobs in November

ADP today reported that employment in the U.S. nonfarm private business sector increased by 206,000 from October to November on a seasonally adjusted basis. The estimated advance in employment from September to October was revised up to 130,000 from the initially reported 110,000.

The increase in November was the largest monthly gain since last December and nearly twice the average monthly gain since May when employment decelerated sharply. Continue Reading