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.
U.S. ADP non-farm payrolls rise less than expected in August
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.
was trading at 1.3024 from around 1.3014 ahead of the release of the data, while was at 1.6406 from 1.6401 earlier.
Meanwhile, U.S. stock index futures remained higher. The indicated a gain of 0.2% at the open, the pointed to a rise of 0.3%, while the indicated an increase of 0.2%.
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