W3Schools

Economic Report: Private sector adds 177,000 jobs in August: ADP

Getty Images

A job seeker meets with a recruiter during a HireLive career fair in San Francisco, California.

Private-sector hiring stayed strong in August, as employers added 177,000 jobs, ADP reported Wednesday.

Economists polled by MarketWatch had expected an August gain of 175,000 jobs.

ADP also revised July’s gain to 194,000 from the original estimate of 179,000.

“The American job machine continues to hum along,” said Mark Zandi, chief economist at Moody’s Analytics, the firm that helps ADP prepare the report.

Economists use ADP’s data to get a feeling for the Labor Department’s employment report, which will be released Friday and covers government jobs in addition to the private sector.

>>> Original Source <<<

Comentários