It’s interesting to note that although the top line jobs number only grew at a modest rate of 18,000 jobs in December, service-sector employment rose 93,000 and business and professional services companies' payrolls gained 43,000. This is an extremely positive signal because hiring patterns at the high end of the market are often a better leading indicator of companies’ future growth prospects, than trailing employment roll data.Among the firms doing a lot of high-end hiring, says the report: PricewaterhouseCoopers and JPMorgan Chase.
Here's a press release.
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