U.S. hiring picked up sharply in November

12/4/2013 | Bloomberg

The ADP Research Institute's private measure of U.S. payrolls showed a surge in hiring last month, which the Federal Reserve could take into account as it considers tapering. The 215,000 increase in jobs exceeded expectations. "Not only is the job market healthy, but it's improving going into year-end," said Brian Jones, senior U.S. economist at Societe Generale in New York.

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