Here come ADP private payrolls …

REUTERS/Gary Cameron

ADP Research Institute will release its monthly report on US private employment at 8:15 a.m. ET.

Economists forecast that private payrolls increased by 170,000 in November, according to Bloomberg. That would be a pick up from the gain by 147,000 in October.

Like the government’s jobs report, ADP’s data has shown a slowdown in the pace of employment growth. That’s because fewer people are searching for jobs, with the unemployment rate at an eight-year low and labor-force participation historically low.

More to come …