Private Sector Employment Rose by 107,000 in January
Roseland, NJ, January 31, 2024-Private sector employment increased by 107,000 jobs in January, and annual pay was up 5.2% year-over-year, according to the January ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.
The goods-producing sector added 30,000 jobs, while the service-providing sector added 77,000.
Small businesses added 25,000 jobs; medium businesses added 61,000; and large businesses added 31,000 jobs.