Investing.com - U.S. non-farm private employment rose less-than-expected in August, dampening optimism over the strength of the U.S. labor market, industry data showed on Thursday.
In a report, payroll processing firm ADP said non-farm private employment rose by a seasonally adjusted 204,000 last month, below expectations for an increase of 220,000. The economy created 212,000 jobs in July.
While not viewed as a reliable guide for the government jobs report due on Friday, September 5, it does give guidance on private-sector hiring.
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