U.S. private payroll growth slows in August, ADP data shows
ADP says U.S. private payrolls rose by 38,000 jobs in August versus an expected higher increase. July was revised up to 46,000. Education and health gains were offset by manufacturing job losses.
U.S. private payrolls increased less than expected in August as strength in the education and health services sector was offset by job losses in manufacturing and a few other industries.Private employment rose by 38,000 jobs last month after an upwardly revised 46,000 in July, the ADP National Empl…