Investing.com - U.S. non-farm private employment rose less-than-expected in November, industry data showed on Wednesday.
In a report, payroll processing firm ADP said non-farm private employment rose by a seasonally adjusted 118,000 in November, below expectations for an increase of 125,000.
The previous month’s figure was revised down to a gain of 157,000 from a previously reported increase of 158,000.
While not viewed as a reliable guide for the government jobs report due Friday, it does give guidance on private-sector hiring.
Following the release of the data, the U.S. dollar remained higher against the euro, with EUR/USD shedding 0.23% to trade at 1.3065.
Meanwhile, U.S. stock index futures held on to mild gains. The Dow Jones Industrial Average futures pointed to an increase of 0.3% at the open, S&P 500 futures indicated a gain of 0.2%, while the Nasdaq 100 futures signaled a 0.1% advance.
In a report, payroll processing firm ADP said non-farm private employment rose by a seasonally adjusted 118,000 in November, below expectations for an increase of 125,000.
The previous month’s figure was revised down to a gain of 157,000 from a previously reported increase of 158,000.
While not viewed as a reliable guide for the government jobs report due Friday, it does give guidance on private-sector hiring.
Following the release of the data, the U.S. dollar remained higher against the euro, with EUR/USD shedding 0.23% to trade at 1.3065.
Meanwhile, U.S. stock index futures held on to mild gains. The Dow Jones Industrial Average futures pointed to an increase of 0.3% at the open, S&P 500 futures indicated a gain of 0.2%, while the Nasdaq 100 futures signaled a 0.1% advance.