US Private Payrolls Rose by 38,000 in August, ADP Data Shows
US private sector employment increased by 38,000 jobs in August according to ADP data, falling short of expectations and marking the smallest increase since the beginning of the year as the labor market slows.
- Private payrolls rose by 38,000 in August according to ADP.
- Economists had expected a gain of 47,000 jobs.
- August saw the smallest employment gain since January according to ADP.