Sections
Shortcuts
Business

Survey: US companies add 175,000 jobs in January

This is a summary. To read the whole story subscribe to BostonGlobe.com

WASHINGTON — A private survey shows that businesses added jobs at a modest pace in January, a sign that hiring may have rebounded after a disappointing figure in December.

Payroll processor ADP said Wednesday that companies added 175,000 jobs last month. That’s down from 227,000 in December, which was revised lower. But it was much better than the government’s official figure of just 74,000 new jobs in December.

The ADP numbers cover only private businesses and often diverge from the government’s more comprehensive report. In December its figure was much higher than the official count.

The job gains in ADP’s report are in line with average monthly hiring for the past two years.

‘‘Given the cratering in December payrolls and the poor ISM figures, these data should come as a relief,’’ said Jay Feldman, a Credit Suisse economist .

Full story for BostonGlobe.com subscribers.

Get the full story with unlimited access to BostonGlobe.com.

Just 99 cents for four weeks.

Sections
Shortcuts

Share