U.S. private sector adds 177,000 jobs in August

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U.S. private sector adds 177,000 jobs in August
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Private payrolls rose by 177,000 in August, down from a revised 371,000 in the prior month, according to the payroll services firm ADP on Wednesday.

Economists polled by The Wall Street Journal had forecast a gain of 200,000 private sector jobs in August.

What ADP said: “This is a pretty solid report,” said Nela Richardson, chief economist at ADP.moving toward more sustainable growth in pay and employment as the economic effects of the pandemic recede,” she added.

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