The pace of job creation by private employers slowed in January after a sharp gain the month before, a report by a payrolls processor showed on Wednesday.
The private sector added 170,000 jobs last month, the ADP National Employment Report showed, shy of economists' expectations for a gain of 185,000 jobs.
December's private payrolls were revised down to an increase of 292,000 from the previously reported 325,000.
The report is jointly developed with Macroeconomic Advisers LLC.
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