Fewer new jobs were created in the US private sector than expected

According to the ADP publication, which describes the development of jobs in the private sector, 122,000 net new jobs were created in the United States in December, while the consensus of economist forecasts collected by the news agency Bloomberg expected 140,000 jobs. In November, 146,000 jobs were created.

According to Bloomberg, the number of new jobs is the lowest since August.

The US market closed in a clear decline yesterday, when the ISM index for service sectors was hotter than expected in December. Investors expect the central bank, the Fed, to delay its rate cut intentions. However, the job statistics published now give the opposite message.