WASHINGTON — U.S. businesses hired new workers at a solid pace in November, adding 179,000 jobs, according to a private survey.
The report comes as other data also suggest the U.S. economy remains healthy, even as the financial markets have gyrated over concerns about a trade conflict with China and slowing global growth.
Payroll processor ADP said Thursday that last month's job gains slowed from October's strong showing of 225,000. Still, November's hiring is enough to lower the unemployment rate over time.
Job gains were strong in health care, which added 37,000 jobs, and in hotels and restaurants, which gained 26,000. Professional and technical services, which include high-paying jobs such as accountants and engineers, added 25,000. Construction gained 10,000 positions while manufacturing added just 4,000.
The report Thursday arrives a day before the government releases its official jobs numbers. Economists forecast that they will show employers added 195,000 jobs, and the unemployment rate will remain at a five-decade low of 3.7
The ADP numbers frequently diverge from the government's figures.
Other recent data points to a healthy economy, despite turbulence in the financial markets. Growth has reached a 3.8
On Thursday, the government said that the number of people seeking unemployment benefits fell, after several weeks of modest gains that were likely spurred by hurricanes in the south this fall.
Christopher Rugaber, The Associated Press