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Financial News: U.S. Private Sector Employment Climbs Less Than Expected

U.S. Private Sector Employment Climbs Less Than Expected In August

09/06/2018 - 08:21:00 (RTTNews)

(RTTNews) - Private sector employment in the U.S. rose by less than expected in the month of August, according to a report released by payroll processor ADP on Thursday.

ADP said private sector employment climbed by 163,000 jobs in August after jumping by a revised 217,000 jobs in July.

Economists had expected an increase of about 190,000 jobs compared to the spike of 219,000 jobs originally reported for the previous month.

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