Reuters exclusively reported that U.S. private payrolls increased more than expected in December as a result of underlying labor market strength, but skyrocketing COVID-19 infections could slow momentum in the months ahead. The surge in private hiring in the ADP National Employment Report on Wednesday was based on data collected in mid-December just as the Omicron variant was sweeping across the country, causing some events and hundreds of flights to be canceled.
EconomyEntertainment & LifestyleHealthScience
Reuters reveals U.S. private payrolls surge as Omicron threat looms over economy
05 January 2022, 11:20 am. 1 minute
Article Tags
Topics of Interest: EconomyEntertainment & LifestyleHealthScience
Type: Reuters Best
Sectors: Economy & PolicyEquitiesPharmaceuticals & Healthcare
Regions: North America
Countries: US
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
More of Reuters Best
Reuters exclusively reports Indian sugar mills to close early as rain hits cane supply; sugar futures jump; shares fall
January 29, 2023
Reuters reveals that India may peg gross borrowing under 16 trillion rupees in 2023/24
January 27, 2023