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U.S. businesses added a robust 190,000 jobs in November as the job market maintained a solid pace of growth amid tightening labor conditions, a private survey showed on Wednesday.
The pace of hiring last month slowed from October’s 235,000 jobs after a surge of activity followed a sharp drop in jobs due to the hurricanes that slammed into Texas and Florida, according to data released by payroll processor ADP.
Job growth fell to 96,000 in September when the storms disrupted the labor market.
But the labor market got back on track in November.
“The job market is rip-roaring,” said Mark Zandi, chief economist of Moody’s Analytics who works with ADP to analyze the data.
“It would take an awful lot to derail it at this point,” Zandi said.
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