US private sector hiring misses expectations in August: ADP …C0NTINUE READING HERE >>>
Private sector hiring was much weaker than expected in August according to payroll firm ADP.
Photo: Frederic J. BROWN / AFP/File
Source: AFP
Hiring in the US private sector markedly undershot analyst expectations in August, said payroll firm ADP on Thursday, as the health of the labor market comes under scrutiny.
Private sector employment rose by 99,000 in August while job gains in July were revised down to 111,000, said ADP in a report.
A consensus forecast by analysts had pegged…
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