Reuters reveals U.S. non-public payrolls surge as Omicron menace looms over financial system

Reuters solely reported that U.S. non-public payrolls elevated greater than anticipated in December on account of underlying labor market power, however skyrocketing COVID-19 infections may sluggish momentum within the months forward. The surge in non-public hiring within the ADP Nationwide Employment Report on Wednesday was primarily based on information collected in mid-December simply because the Omicron variant was sweeping throughout the nation, inflicting some occasions and a whole bunch of flights to be canceled.