UPDATE: U.S. Private-Sector Employment Increased by 325,000 Jobs in December -ADP

Private-sector employment increased by 325,000 from November to December on a seasonally adjusted basis, according to the latest ADP National Employment Report® released today. The ADP National Employment Report, created by Automatic Data Processing, Inc. (NYSE: ADP), in partnership with Macroeconomic Advisers, LLC, is derived from actual payroll data and measures the change in total nonfarm private employment each month. The estimated gain in employment from October to November was revised down slightly to 204,000 from the initially reported 206,000.

According to today's ADP National Employment Report, employment in the nonfarm private business sector rose 325,000 from November to December on a seasonally adjusted basis. Employment in the private, service-providing sector increased 273,000 in December, after rising 176,000 in November. Employment in the private, goods-producing sector rose 52,000 in December. Manufacturing employment increased 22,000, tripling the previous month's increase of 7,000, while construction employment grew 26,000 during that period.