fxstreet.com 03 Feb, 2021 14:30 am

US private sector employment rises by 174K in January vs. 49K expected

US private sector employment rises by 174K in January vs. 49K expected
Employment in the US' private sector increased by 174,000 in January, the monthly data published by the Automatic Data Processing (ADP) Research Insti

Employment in the US' private sector increased by 174,000 in January, the monthly data published by the Automatic Data Processing (ADP) Research Institue revealed on Wednesday.Commenting on the data, “the labor market continues its slow recovery amid COVID-19 headwinds,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute.Furthermore, December's reading got revised up to -78,000 from -123,000.FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

It also does not guarantee that this information is of a timely nature.” Market reaction This report doesn't seem to be having an impact on the greenback's performance against its rivals.

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