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Private Payrolls Rise 41,000 in December
Economics

Private Payrolls Rise 41,000 in December

CNBCJan 7
3 min read
📋

Key Facts

  • ✓ Private sector job creation turned positive in December
  • ✓ Private payrolls rose 41,000 in December
  • ✓ The pace of job creation was slightly below expectations

In This Article

  1. Quick Summary
  2. December Hiring Trends
  3. Source and Methodology
  4. Economic Context
  5. Frequently Asked Questions

Quick Summary#

Private sector job creation turned positive in December though at a bit softer pace than expected. According to data released by ADP, private payrolls rose by 41,000 during the month. This figure came in slightly below what economists had projected for the period.

The report indicates a modest expansion in the labor market as the year came to a close. While the growth was positive, the pace suggests some softening compared to earlier expectations. The data provides a snapshot of hiring trends just before the end of the fiscal year.

December Hiring Trends#

The latest data on private sector employment shows a 41,000 increase in payrolls for December. This shift marks a return to positive territory for job creation following previous periods of stagnation or decline. However, the magnitude of the increase was noted as being slightly below market consensus.

The report highlights that the pace of hiring was described as a bit softer than anticipated. Despite the miss against expectations, the overall direction of the data points toward continued resilience in the labor market. Analysts often look to these figures as a leading indicator of broader economic health.

Source and Methodology 📊#

The employment figures were derived from the ADP National Employment Report. This report is a widely followed gauge of the US labor market, providing monthly estimates of private payrolls. It serves as an independent measure of changes in employment levels.

The data is compiled using anonymized payroll information from ADP's client base. This methodology allows for a large sample size that reflects real-time hiring activity across various sectors. The report is often released ahead of the official government employment statistics.

Economic Context 📈#

The 41,000 figure represents a specific data point in the broader economic landscape. A positive number indicates net job growth, meaning more jobs were added than were lost during the period. The fact that the number was positive is a key takeaway for market observers.

However, the context of the number being 'slightly below expectations' adds a layer of nuance to the interpretation. It suggests that while the labor market is growing, the rate of growth may be moderating. This distinction is important for understanding the trajectory of the economy heading into the new year.

Frequently Asked Questions ❓#

What happened in the labor market in December?
Private sector job creation turned positive in December though at a bit softer pace than expected. Payrolls increased by 41,000 according to the report.

How does this figure compare to expectations?
The reported increase of 41,000 private payrolls was slightly below what was expected by analysts.

Who released this data?
The data was released by ADP.

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The empty beaches, beautiful drives, and lack of traffic lights make Molokai feel like a paradise for the right kind of travelers. Ashley Probst I was born and raised on Maui, and I just visited the Hawaiian island Molokai for the first time. In three days, I got to enjoy the island's incredible views, small businesses, and quiet beaches. Molokai encouraged me to slow down, appreciate nature, and spend meaningful time alone. Growing up on the West Side of Maui, the island of Molokai was always in view, but I never made the short journey over — until now. Molokai sits between Maui, Lanai, and Oahu, spanning 260 square miles. Many consider it to be one of least touristy and most well-preserved visitable Hawaiian islands. It's home to fewer than 10,000 residents. Although Lanai, for example, has a smaller population of just 3,200, it offers two world-class Four Seasons resorts, whereas Molokai has historically resisted large-scale tourism. There are no major resorts, chain stores, or even traffic lights on the island, making it feel like you've been transported back to old Hawaii. I've always viewed Molokai as a beautiful and sacred place with a community protective of its land, culture, and pace — and not always eager for outsiders. After visiting, I'm grateful to have finally experienced firsthand why the island is also lovingly known as The Friendly Isle. Flying is the only way to get to and from Molokai. Ashley Probst A ferry once ran between my hometown of Lahaina and Molokai, but the route was discontinued in 2016, making the island even less accessible. Today, small commuter planes are the only public means of getting to Molokai — typically a short, scenic 20-minute flight from Maui. However, this limited access is a key factor behind why Molokai has remained the least touristy of the islands. My first day was spent on Molokai's arid west side. Ashley Probst Known for its dry and rugged coastlines, this part of Molokai is dotted with kiawe trees, large patches of red dirt, and mostly empty beaches with views of southeast Oahu. On my way to beach hop, I stopped in the small town of Maunaloa for refreshments at the convenience store and a visit to Big Wind Kite Factory, a mom-and-pop kite shop, and the adjacent Pineapple Gallery filled with art and souvenirs. My ultimate destination was Papohaku Beach, one of Hawaii's largest white-sand beaches. Ashley Probst Also known as Three Mile Beach, Papohaku Beach is one of the longest continuous beaches in the state. I arrived around 2 p.m. on a Wednesday and stayed for over an hour. On most islands, the afternoon is peak beach time, when shorelines are typically packed with families, sunbathers, and people playing in the waves. However, Molokai is different. Despite its size and beauty, Papohaku Beach was nearly empty: Only one other person walked along the water before disappearing, leaving me in peaceful seclusion. The beach stayed incredibly peaceful throughout my visit. Ashley Probst I didn't see any lifeguards, snack stands, or shops for beach equipment rental. I wondered how visitors accustomed to more structured beach days — especially families with children — might experience it. Early December is a slower travel period across Hawaii, but even then, being alone on a beach this spectacular felt surreal — a perfect illustration of just how uncrowded Molokai is compared to the rest of the islands. I visited some other beaches, but none felt as inviting as Papohaku. Ashley Probst Poolau Beach, located just north of Papohaku, was completely empty as I sat to watch waves crash onto the rocky shoreline. 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The next morning, I drove an hour from Hotel Molokai, just outside Kaunakakai, to the island's lush east side. Ashley Probst The coastal drive was stunning, with sweeping ocean views and sections without guardrails that added a sense of adventure and a reminder of how beautiful Hawaii can be when left untouched by development. Seeing Maui from a new angle — one that showcased the West Side where I grew up — was a memorable way to start the day. A cultural hike through Halawa Valley — one of the oldest known Hawaiian settlements — was educational, intimate, and deeply meaningful. Ashley Probst The family-run tour I booked began at 9 a.m. and featured teachings about Hawaiian history and cultural protocol, including blowing a conch shell to signal our arrival and leaving an offering at their ancestral altar. We were given an oral history lesson about the family, the history of Halawa Valley, and the transition from pre-kingdom times to modern tourism. 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