US private payrolls growth slows sharply in August – ADP
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2023-08-31 02:31
US private payrolls growth slows sharply in August – ADP
A Chipotle restaurant advertises it is hiring in Cambridge, Massachusetts, U.S., Aug 28, 2023. REUTERS/Brian Snyder/File photo WASHINGTON  – U.S.  private  payrolls  increased less than expected in Aug us t, the latest indication that the labor market was losing steam, though it remains tight. Private  payrolls  rose by 177,000 jobs last month, the  ADP  National Employment report showed on Wednesday. Economists polled by Reuters had forecast  private  employment would increase by 195,000. Data for July was revised higher to show 371,000 jobs added instead of the previo us ly reported 324,000.

https://business.inquirer.net/418426/us-private-payrolls-growth-slows-sharply-in-august-adp

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