Private sector job growth cools sharply in August to 177,000, worse than expected: ADP

Hiring by U.S. companies slowed more than expected in August, pointing to a labor market that is starting to cool in the face of higher interest rates, according to the ADP National Employment Report released Wednesday morning. last month, below the 195,000 gain that economists surveyed by…#refinitiv #federalreserve #jeromepowell #nelarichardson #adp #labordepartment #original

Source: Reuters: Health - August 30, 2023 Category: Consumer Health News Source Type: news