ADP reports private payrolls rose by 38,000 in August, fewer than expected, marking smallest gain since January
The figure was below the upwardly revised 46,000 in July and the Dow Jones consensus estimate of 47,000. Job creation was heavily concentrated in education and health services (up 45,000), leisure and hospitality (up 16,000), and construction (up 12,000), while manufacturing, professional and business services, natural resources and mining, and trade, transportation and utilities all saw declines. Most gains came from large businesses (500+ employees), which added 34,000 jobs. Pay gains held steady, with base pay for job stayers rising 3% year-over-year and gross pay increasing 4.4%, both unchanged from July.
Source:CNBC头条 · Source Link
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