clear
Wednesday July 29th, 2015 11:55AM

US companies add 175,000 jobs in January

By The Associated Press
WASHINGTON (AP) -- A private survey shows that businesses added jobs at a modest pace in January, a sign that hiring may have rebounded after a disappointing figure in December.

Payroll processor ADP says companies added 175,000 jobs last month. That's down from 227,000 in December, which was revised lower. But it was much better than the government's official figure of just 74,000 new jobs in December.

The ADP numbers cover only private businesses and often diverge from the government's more comprehensive report. In December its figure came in much higher than the official count.

The report comes amid rising fears of a slowdown in the U.S. and global economies. Those fears have caused sharp falls in stock markets worldwide. Turmoil in developing countries and signs of slower growth in the U.S. have also raised uncertainty about the Federal Reserve's next steps.

Mark Zandi, chief economist at Moody's Analytics, which compiles ADP's report, said that cold weather "continued to weigh on the job numbers."

Many economists said bad weather was partly to blame for the sharp fall-off in December hiring. Job gains had averaged 214,000 a month from August through November, nearly three times December's total.

Construction added 25,000 jobs in January, the ADP survey found, slightly below December's total. Manufacturing cut 12,000 jobs.
© Copyright 2015 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Judge denies motions to move, delay Tsarnaev trial
Lawyers for Boston Marathon bombing suspect Dzhokhar Tsarnaev asked a federal appeals court Wednesday to overturn a judge's decision to not move his upcoming trial out of state.
10:02PM ( 6 months ago )
High court to adopt electronic filing of cases
The Supreme Court is belatedly developing an electronic filing system similar to those used in courts around the country, Chief Justice John Roberts said Wednesday in his annual end-of-year report.
7:57PM ( 6 months ago )
Storm brings snow, cold to West for New Year's
A blustery winter storm dumped snow and ice across the West on Wednesday, making driving treacherous in the mountains from California to the Rockies and forcing residents and party-goers in some usually sun-soaked cities to bundle up for a frosty New Year's.
5:19PM ( 6 months ago )
U.S. News
State DOT awards $48M contract for NE Ga. road project
The state Department of Transportation has awarded a $47.8 million contract for nine miles of work on a northeast Georgia road.
9:37AM ( 6 months ago )
Business News
Grass fire impacts rush hour traffic on 985
Rush hour traffic on I-985 was slowed by a grass fire Wednesay afternoon with one lane closed while firefighters fought the blaze.
10:19PM ( 6 months ago )
Hall County conviction, sentencing to be reviewed by SCOGA
The State Supreme Court has agreed to hear the appeal of a Hall County man when they reconvene in January.
2:37PM ( 6 months ago )
Maysville man dies from Banks County wreck
The Georgia State Patrol reports that alcohol and/or drugs were factors a single-vehicle wreck that claimed the life of a Maysville man in Banks County Tuesday night.
11:07AM ( 6 months ago )
Local/State News
Gainesville one of 750 sites nationwide targeting child drownings
To help reduce the risk of child drownings, especially among minorities, the USA Swimming Foundation has set the goal of teaching 800,000 children to swim this year at more than 725 locations around the country, including one in Gainesville.
By AccessWDUN staff
10:21AM ( 1 hour ago )
Demorest discusses how to help Sweet Breads help downtown
The Demorest City Council is trying to figure how to best help the business they hope will anchor the downtown district.
9:03AM ( 2 hours ago )
Battle flag supporters plan rally at Stone Mountain Park
The Confederate battle flag has been under fire lately, and now Confederate flag supporters have planned a rally at Stone Mountain Park for Saturday, August 1.
By AccessWDUN staff
8:19AM ( 3 hours ago )
Two vehicle crash on Dawsonville Hwy. injures three, one critically
A two-vehicle crash on Dawsonville Highway near Ahaluna Drive Tuesday evening injured three people, one of them critically, according to Gainesville emergency officials.
By AccessWDUN staff
5:21AM ( 6 hours ago )
Demorest voters could be asked to decide liquor by the drink
The Demorest City Council has been asked to consider allowing sale of distilled spirits by the drink.
10:13PM ( 13 hours ago )