ADP reports hiring slowdown in November ahead of government payrolls report

  • Private payrolls grew by 307,000 in November, a decline from the 404,000 the previous month, ADP reported.
  • The total was well below the Dow Jones estimate of 475,000.
  • Hospitality led the way in job creation, adding 95,000 positions despite increasing pressure on bars and restaurants as coronavirus cases rise.

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