By Kathleen Madigan
Business hiring continued at a solid although
slower-than-expected pace at the start of 2015, according to an
employment survey released Wednesday.
Private payrolls in the U.S. increased by 213,000 jobs in
January, said the national employment report compiled by payroll
processor Automatic Data Processing Inc. and forecasting firm
Moody's Analytics.
Economists surveyed by the Wall Street Journal projected ADP to
report a larger January increase of 240,000 new private-sector
jobs. The December ADP increase was revised up to 253,000 from
241,000.
The ADP report is released ahead of the Bureau of Labor
Statistics' employment situation report scheduled for Friday.
Economists think the BLS will report January nonfarm
payrolls--which include government positions--expanded by 237,000
new positions. That would continue a 12-month string of solid
hiring but would be slower than the 252,000 new jobs added in
December.
Write to Kathleen Madigan at kathleen.madigan@wsj.com
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