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Private payrolls increase by just 374,000 in August
- [CNBC] Private payrolls rose by 374,000 in August, well below the Dow Jones estimate of 600,000 though above July’s 326,000, according to ADP.
- Most of the new jobs came from leisure and hospitality, which added 201,000 positions.
- The ADP tally comes two days before the Labor Department’s nonfarm payrolls report. The two counts have differed widely this year.
Posted by: Fred 2021-09-02 |
