$16.45, indices flat on ADP report and negative GDP
Private-sector employment increased by 192,000 from December to January, on a seasonally adjusted basis. (The estimated gain from November to December was revised down by 30,000, to 185,000).
Small businesses (1-49 employees) +115,000
Medium businesses (50-499 employees) +79,000
Large businesses (500 or more employees) -2,000
“U.S. private sector employment got off to a good start in 2013, as 192,000 jobs were added during the month of January," noted Carlos A. Rodriguez, president and chief executive officer of ADP. "According to the ADP National Employment Report, private sector employers created an average of 183,000 new jobs per month during the last three months. This is an encouraging sign of steady improvement in the job market.”
– Carlos A. Rodriguez, president and chief executive officer of ADP