Small businesses with fewer than 50 employees added a healthy 102,000 jobs in November, accounting for nearly half of private sector hiring, according to ADP’s latest National Employment Report.
According to the monthly gauge, U.S. private employers added a total of 215,000 jobs last month. The Labor Department will release its monthly jobs tally for both public and private sector employment on Friday.
The job market remained surprisingly resilient to the government shutdown and brinkmanship over the treasury debt limit. Employers across all industries and company sizes looked through the political battle in Washington. If anything, job growth appears to be picking up,” said Mark Zandi, chief economist of Moody’s Analytics, which collaborates with ADP in production of the monthly survey.
Read full story: Small Business Hiring Front Rosy in November (FoxBusiness.com)