A big beat in the private ADP jobs report has U.S. Stock Markets at all time highs heading into the first big economic data release of the year. The December Employment report comes with high expectations.
July’s U.S. jobs report added more non-farm jobs, 209,000 over the 180,000 expected the Bureau of Labor Statistics said on Friday. The unemployment rate is back at a 16-year low of 4.3%. Of note was hiring in the beleaguered manufacturing sector sector increased 16, 000.