August’s US ADP Private Employment report showed a lower-than-expected gain of 177k jobs, falling short of the consensus forecast of 205k. The data, which is often viewed as a precursor to the official non-farm payrolls report, painted a nuanced picture of the American labor market. By sector, goods-producing sectors added 23k jobs, while service-providing sectors […]
The post US ADP jobs grew only 177k, wages growth slowed further appeared first on Action Forex.