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Private sector job growth cools to 99,000 in August, well below estimate: ADP

Por: Fox Business Business September 05, 2024

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Strategas Chairman and CEO Jason Trennert discusses the common man CPI, real wages, the jobs data revisions and Harris tax hike plan. The U.S. private sector added fewer jobs than expected in August as the labor market continued to cool off amid high interest rates, according to the ADP National Employment Report released Thursday morning. Companies added 99,000 jobs in August – fewer than the 145,000 gain predicted by LSEG economists and the... + full article



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