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Crossmark Global Investments CEO and CIO Bob Doll unpacks the state of the U.S. economy on ‘Maria Bartiromo’s Wall Street.’
Companies in the private sector added 183,000 jobs in January, payroll processing firm ADP said on Wednesday.
The figure is above economists’ estimates of 150,000 jobs and also more than the prior month’s reading of 122,000.
“We had a strong start to 2025 but it masked a dichotomy in the labor market,” said Nela Richardson, ADP’s chief economist. “Consumer-facing industries drove hiring, while job growth was weaker in business services and production.”
This is a developing story. Please check back for updates.
