ADP Estimates Over 200,000 Private Sector Jobs Created This Month

“ADP today reported that employment in the U.S. nonfarm private business sector increased by 206,000 from October to November on a seasonally adjusted basis. The estimated advance in mployment from September to October was revised up to 130,000 from the initially reported 110,000.” That’s the good news, and as Ryan Avent points out if Europe weren’t destroying itself one could almost feel optimistic.