Private Sector Employment Growth Accelerates
Roseland, NJ, Nov. 30, 2011 -- Growth in private-sector jobs accelerated in November, led by the service-producing sector and small businesses, according to the ADP employment report released Wednesday.
Employment in the private sector rose by 206,000 jobs in November, the largest gain since last December and almost twice the average increase in recent months. The October level was revised up to 130,000 from a prior estimate of 110,000.
Employment rose 178,000 in the service-providing sector, and 28,000 in the goods-producing sector. Employment rose 110,000 at small businesses, 84,000 at medium businesses and 12,000 at large businesses, according to ADP.