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Hiring falls off in November to slowest rate since July



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Private payrolls grew at their slowest pace since July amid a deceleration in large business hiring for November, ADP’s monthly payrolls report said Wednesday.Companies hired 307,000 workers last month, well below the 475,000 estimate from a Dow Jones survey of economists.The total represented a decline from the upwardly revised 404,000 in October and is the smallest gain since the 216,000 increase in July, according to the report, which is compiled in conjunction with Moody’s Analytics.The revision added 39,000 to the original estimate from October, making the November miss not as bad as it appears. Markets had little reaction to the report.”We …

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