private sector

Private employers added 170,000 jobs in January, a new report shows. That's about half the pace needed to dig out of the jobs trench the U.S. is stuck in.

They make about 2 percent more than a private sector worker, though the government's generous pension system means that overall compensation is significantly higher.

Talks between Greece and private sector creditors over a restructuring of the country's crushing debt paused on Friday amid a continuing disagreement over how much of a loss banks and investors should take on their holdings.

In 2010, the average salary in the securities industry in New York City was five and a half times the average salary in the rest of the private sector in the city.

In 1981, the ratio was two to one.

WASHINGTON (MarketWatch) - The U.S. economy added 117,000 jobs in July and an even larger 154,000 in the private sector while the unemployment rate fell to 9.1%

Employers added 244,000 jobs in April, all the net gain coming from the private sector. As more people returned to the job hunt, the unemployment rate rose to 9.0 percent.

U.S. private employers added 179,000 jobs in April, while payrolls for March were revised up modestly, a report by a payrolls processor showed on Wednesday.

The U.S. economy added 103,000 jobs in December, a figure that fell short of forecasts, with all of the gain coming from private companies.

Hays has reported that many public workers are unrealistic about a potential move to the private sector, with many working in public sector needing support to make the transition.

The administration has pledged tax credits and subsidies to spur manufacturing but has said the lead must come from the private sector.