Help wanted: US companies add fewer jobs than expected in August
Al Jazeera
Businesses’ payrolls rose by 374,000 last month, after a revised gain of 326,000 in July, according to ADP Research Institute data.
U.S. companies added fewer jobs than expected in August, reflecting persistent hiring challenges and suggesting a slowdown in the labor market recovery. Businesses’ payrolls increased by 374,000 last month, after a revised 326,000 gain in July, according to ADP Research Institute data released Wednesday. The figure fell short of all estimates in a Bloomberg survey of economists.
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