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MiamiGent

10/04/23 8:22 AM

#641345 RE: MiamiGent #641344

Private payrolls rose 89,000 in September, much fewer than expected, ADP says
PUBLISHED WED, OCT 4 20238:15 AM EDT
By Jeff Cox @JEFF.COX.7528
CNBC

KEY POINTS
ADP reported that private job growth totaled just 89,000 for the month, down from an upwardly revised 180,000 in August and below the 160,000 estimate from Dow Jones.

Job gains came almost exclusively from services, which contributed 81,000 to the total.
The report comes a day after the Labor Department said job openings unexpectedly rose sharply in August.