Employment in the US private sector rose by 807,000 in December, monthly data published by the Automatic Data Processing (ADP) Research Institute revealed on Wednesday, the largest such monthly employment gains since May 2021. That was well above median economist forecasts for a rise in employment of 400,000 and marked an acceleration in the pace of job gains versus November when 505,000 jobs were added (this was revised lower from 534,000). 

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