Private payrolls expanded by 183,000 in January, topping expectations, ADP says
1. Private sector added 183,000 jobs in January, exceeding expectations. 2. December's job figures revised up from 122,000 to 176,000. 3. Wages grew at a 4.7% annual rate, indicating strong consumer demand. 4. Job growth was concentrated in service sectors; manufacturing lost 13,000 jobs. 5. Fed may consider interest rate policies based on job market stability.