According to payroll services firm ADP, the US economy created 297,000 jobs in December. A Labor Department report in two days is expected to show companies added 150,000 workers last month and the unemployment rate eased to 9.7 percent, according to the Bloomberg survey median.
Ã¢â‚¬Å“Firms are becoming more confident in the expansion, and hiring is improving as a result,Ã¢â‚¬Â Nigel Gault, chief U.S. economist at IHS Global Insight in Lexington, Massachusetts, said before the report. Ã¢â‚¬Å“Growth is becoming more balanced.Ã¢â‚¬Â
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