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US private payrolls rise just 38,000 in August as hiring momentum weakens: ADP

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US private employers added jobs at a slower-than-expected pace in August, with hiring increasingly concentrated in healthcare and a handful of other industries, suggesting the labor market is losing momentum as the Federal Reserve weighs it…

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US private payrolls rise just 38,000 in August as hiring momentum weakens: ADP
Invezz 1h ago

US private payrolls rise just 38,000 in August as hiring momentum weakens: ADP

US private employers added jobs at a slower-than-expected pace in August, with hiring increasingly concentrated in healthcare and a handful of other industries, suggesting the labor market is losing momentum as the Federal Reserve weighs it…