United States: private employers created 235,000 jobs in December, much more than expected

Private employers in the United States created far more jobs than expected in December, the job market remaining very solid with, however, significant disparities between sectors, according to data published Thursday, on the eve of the publication of official figures.

During the last month of 2022, 235,000 jobs were created by private companies, according to the ADP/Stanford Lab monthly survey, well above the 148,000 to 153,000 expected by various economists.

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The job market thus remains very solid, despite the slowdown in economic activity caused by the American central bank (Fed), to fight against inflation which has reached levels not seen in 40 years.

“

,” commented Nela Richardson, chief economist at ADP. , cited in the press release.

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Thus, it is companies with less than 500 employees that have created jobs, while large companies have destroyed them.

And by sector, leisure and the hotel industry created the most jobs.

As for wages, they continue to climb, but have experienced their weakest increase since March, at +7.3% for employees who have remained with the same employer, and +15.2% for those who have changed jobs. company.

Wages have indeed increased sharply, due to a major labor shortage for two years.

December employment figures will be released on Friday.

The unemployment rate is expected to be stable compared to November, at 3.7%, a level still among the lowest in the last 50 years.

The number of job creations, private and public sectors combined, is expected to slow down, to 210,000 against 263,000, according to the consensus of briefing.com.