Home » Economy » Labor market report – US private employment increases significantly News

Labor market report – US private employment increases significantly News

Wednesday, August 30th, 2017 | Economy

According to the service provider ADP, employment in the private sector increased by 237,000 jobs. Analysts had expected an increase of 185,000 jobs on average. In addition, the increase in July was raised from 178,000 to 201,000 jobs. The dollar rose after the figures were released.
The US government published its labor market report for August this Friday. The ADP data are seen as a guideline for government figures in the markets. However, the actual predictive power is not particularly high.
(AWP)

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