Despite the government shutdown private sector employment increased by 213,000 jobs from December to January according to the January ADP National Employment Report. Wall Street economists had forecast an increase of 174,000. The Dow Jones Industrial Average and S&P 500 both reacted positively to the news. The Dow rose 1.77% while the S&P rose 1.56%.
Private sector employment in the U.S. increased by 271,000 jobs from November 2018 to December 2018 exceeding Reuters estimates of 178,000 jobs according to the December ADP National Employment Report. While Democrats act like the sky is falling the December job gain was the highest since February 2017. This brought the monthly average job gain for 2018 to 203,000.