ABA-ADP: 374,000 Jobs Gained in August.
ENPNewswire-September 3, 2021--ABA-ADP: 374,000 Jobs Gained in August
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Release date- 02092021 - The non-farm private sector gained 374,000 jobs in August, according to the ADP National Employment Report.
This follows a revised July increase of 326,000 jobs.
Small businesses with fewer than 50 employees gained 86,000 jobs. Medium-sized businesses with 50-499 employees gained 149,000, while large businesses increased by 138,000 jobs.
'Our data, which represents all workers on a company's payroll, has highlighted a downshift in the labor market recovery. We have seen a decline in new hires, following significant job growth from the first half of the year,' said Nela Richardson, chief economist, ADP. 'Despite the slowdown, job gains are approaching 4 million this year, yet still 7 million jobs short of pre-COVID-19 levels. Service providers continue to lead growth, although the Delta variant creates uncertainty for...
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