TrimTabs provides an early look at December employment, estimating payroll growth of 145K-165K...

|By:, SA News Editor

TrimTabs provides an early look at December employment, estimating payroll growth of 145K-165K jobs last month, down from 220K in November. Wage growth jumped to 8.2% Y/Y as companies shifted bonus payments to December. Look for a sharp reversal in January. The company derives its estimates by looking at daily tax deposits to the Treasury from all salaried employees.