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  • ADP: Job Growth Hits 234,000 in January (Job Creation Boom to Kick Off 2018)

    01/31/2018 8:54:17 AM PST · by SeekAndFind · 10 replies
    US News ^ | 01/31/2018 | By Andrew Soergel, Economy Reporter
    Hot on the heels of a tax overhaul that the GOP has promised will yield stronger wage and job growth in 2018, American employers generated 234,000 new jobs in January, according to a report published Wednesday by the ADP Research Institute. The gains are a slight step down from the 242,000 jobs created in December, but they still represent the fourth consecutive month ADP has recorded job growth above 200,000 positions. Given that the U.S. is now more than eight years into its economic recovery, analysts have been impressed by the labor market's consistency over the past several months. "The...