Posted on 01 Dec 2010
According to a national employment report published by payroll company Automatic Data Processing Inc. and consultancy Macroeconomic Advisers, private-sector jobs in the U.S. rose by 93,000 last month. It was the largest monthly gain in three years, the report said.
Economists had expected ADP to report a job gain of 70,000 in November. The estimated change in employment for October was revised to show a rise of 82,000, compared with the 43,000 increase first reported.
The report said the survey "shows an acceleration of employment and suggests the nation's employment situation is brightening somewhat."
The ADP survey tallies only private-sector jobs, while the Bureau of Labor Statistics' nonfarm payroll data, to be released Friday, include government workers.