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Feb 5, 2020
10:12:13am
SierraCoug All-American
Private payrolls surge in January 2020. Best monthly gain in almost 5 years.

The jobs market kicked off 2020 in grand fashion, adding 291,000 in private payrolls for the best monthly gain since May 2015, according to a report Wednesday from ADP and Moody’s Analytics.

 

That was well above the 150,000 estimate from economists surveyed by Dow Jones and more evidence that the U.S. still is a good distance from full employment even with the jobless rate at its lowest point in more than 50 years. The total also was a sharp gain from the 199,000 in December, which was revised down 3,000 from the initial count.

 

Growth came across a swath of industries.

 

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SierraCoug
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Feb 5, 10:57am

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