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U.S. Private Sector Employment Jumps More Than Expected In September
(RTTNews) - Private sector employment in the U.S. increased by slightly more than expected in the month of September, according to a report released by payroll processor ADP on Wednesday.
ADP said private sector employment surged by 208,000 jobs in September after climbing by an upwardly revised 185,000 jobs in August.
Economists had expected employment to jump by 200,000 jobs compared to the addition of 132,000 jobs originally reported for the previous month.
"There are signs that people are returning to the labor market. We're in an interim period where we're going to continue to see steady job gains," said ADP chief economist Nela Richardson. "Employer demand remains robust and the supply of workers is improving--for now."
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