payrolls

Take the ADP Jobs Number With a Boulder of Salt

ADP excludes government jobs. It's also notoriously volatile and has a history of big misses in forecasting the official number. But perhaps most important is that it just doesn't jibe with other recent data points -- or the recovery's pace.

Private Sector Jobs Jumped by 297,000 in December

The total was nearly triple what economists were expecting. It's only one month's data, and it's too soon to call it a hiring boom. However, the report offers more hope and some evidence that the nation's long job drought is ending.

Stocks Vault on Job Gains and Global Data

The Dow jumped skyward on Wednesday as stocks rallied around the globe on a stream of strong economic news, both abroad and in the U.S. A less anxious outlook for European sovereign debt also helped.