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U.S. adds 324,000 private-sector jobs, ADP says. Hot labor market not cooling much.

Por: MarketWatch Politics August 02, 2023

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“The economy is doing better than expected and a healthy labor market continues to support household spending,” said Nela Richardson, chief economist at ADP. The ADP payroll numbers offer clues about how many jobs are created each month, though they have a poor record of foreshadowing the government’s official employment report. The two reports do trend in same direction over time, however. , including new hires in government. ADP’s... + full article



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