David Brancaccio
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Podcast Appearances
A private sector survey of payrolls out this morning finds just 41,000 jobs were added in December, according to ADP.
Let's consult Susan Schmidt, portfolio manager at Exchange Capital Resources.
Good morning.
Good morning.
Less than expected, 41,000 seems a little meager for the month.
They revised a month ago?
I think they did.
Susan Schmidt at Exchange Capital Resources.
Thank you so much.
Thank you.
And there was new confirmation this morning that while companies are tending to keep their employees these days, they're also not moving to add more people.
There's news that openings were essentially unchanged in November.
There were 90,000 jobs open in construction, a number shaped in part by U.S.
border policy.
The stock market is mixed.
The Dow is down 212 points, 4 tenths percent.
The S&P is little changed at the moment.
The Nasdaq is up 4 tenths of a percent.
In Los Angeles, I'm David Brancaccio, Marketplace Morning Report.
From APM American Public Media.