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Economy
Private payrolls increase by just 374,000 in August
2021-09-02
  • [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

#3  on the other hand new applications for unemployment were also down
Posted by: Lord Garth   2021-09-02 13:10  

#2  Luckily, with the delta variant "surging", and future lockdowns coming, the extended unemployment will have to be extended.
Posted by: Rambler in Virginia   2021-09-02 12:50  

#1  The COVID extended unemployment payouts should be ending and reality sets in soon
Posted by: Frank G   2021-09-02 12:18  

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