U.S. Companies Add Most Jobs in Seven Months, ADP Data Show

Jan. 5, 2022, 1:38 PM UTC

U.S. companies in December added the most jobs in seven months, indicating that more Americans are returning to the labor force and helping employers to fill a near-record number of open positions.

Businesses’ payrolls grew by 807,000 last month, after a downwardly revised 505,000 gain in November, according to ADP Research Institute data released Wednesday. The median forecast in a Bloomberg survey of economists called for a 410,000 rise.

“Job gains were broad-based, as goods producers added the strongest reading of the year, while service providers dominated growth,” ADP Chief Economist Nela Richardson said in a statement.

The ...

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