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U.S. Private Sector Job Growth Slows But Still Far Exceeds Estimates

After reporting a substantial increase in U.S. private sector employment in the previous month, payroll processor ADP released a report on Wednesday showing the pace of job growth slowed in January but still far exceeded analyst estimates.

ADP said private sector employment jumped by 213,000 jobs in January after soaring by a downwardly revised 263,000 jobs in December.

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by RTTNews Staff Writer

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