02.09.2015 14:30:26

U.S. Private Sector Job Growth Falls Short Of Estimates In August

(RTTNews) - Employment in the U.S. private sector saw a notable increase in the month of August, according to a report released by payroll processor ADP on Wednesday, although the pace of job growth fell short of economist estimates.

ADP said private sector employment climbed by 190,000 jobs in August following a downwardly revised increase of 177,000 jobs in July.

Economists had expected employment to jump by about 210,000 jobs compared to the increase of 185,000 jobs originally reported for the previous month.