- Analytics
- News and Tools
- Market News
- US ADP maintains the strong growth in August
US ADP maintains the strong growth in August
Private sector employment increased by 177,000 jobs from July to August according to the August ADP National Employment Report
Payrolls for businesses with 49 or fewer employees increased by 63,000 jobs in August, down from 68,000 in July. Employment at companies with 50-499 employees increased by 44,000 jobs, down from last month's 71,000. Employment at large companies - those with 500 or more employees - increased by 70,000, up from July's 56,000. Companies with 500-999 employees added 25,000 and companies with more than 1,000 employees added 46,000 in August.
"Job growth in August was stable and consistent with levels from previous months as consumer conditions improve," said Ahu Yildirmaz, vice president and head of the ADP Research Institute. "Continued strong growth in service-providing jobs is offset by weakness in goods-producing areas."
.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
