ADP Says U.S. Companies Add Most Workers in Eight Months
A new survey released ahead of the official report from the Labor Department estimates 158,000 new jobs were added in October. Analysts say that businesses have begun to consistently hire, but at a slower rate than before. They also warned that the impact of the 'fiscal cliff' has not appeared, and if Congress doesn't act businesses could become very cautious. According to the survey, most of the jobs created were in the service sector.
See "ADP Says U.S. Companies Add Most Workers in Eight Months", Alex Kowalski, Business Week, October 31, 2012