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

U.S. Private Sector Employment Climbs More Than Expected In September

10/02/2024 - 08:22:00 (RTTNews)

(RTTNews) - Private sector employment in the U.S. increased by more than expected in the month of September, according to a report released by payroll processor ADP on Wednesday.

ADP said private sector employment climbed by 143,000 jobs in September after rising by an upwardly revised 103,000 jobs in August.

Economists had expected private sector employment to advance by 120,000 jobs compared to the addition of 99,000 jobs originally reported for the previous month.

Job creation saw a widespread rebound after a five-month slowdown, with only the information sector losing jobs, ADP said.

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