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U.S. ADP non-farm payrolls increase 215,000 in December

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Investing.com - U.S. non-farm private employment rose more-than-expected in December, posting the strongest gain in ten months, industry data showed on Thursday.

In a report, payroll processing firm ADP said non-farm private employment rose by a seasonally adjusted 215,000 in December, above expectations for an increase of 133,000.

The previous month's figure was revised up to a gain of 148,000 from a previously reported increase of 118,000.

While not viewed as a reliable guide for the government jobs report due Friday, it does give guidance on private-sector hiring.

Following the release of the data, the U.S. dollar remained higher against the euro, with EUR/USD shedding 0.65% to trade at 1.3100.

Meanwhile, U.S. stock index futures held on to mild losses. The Dow Jones Industrial Average futures pointed to a drop of 0.1% at the open, S&P 500 futures indicated a loss of 0.15%, while the Nasdaq 100 futures signaled a 0.1% decline.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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