US private sector hiring misses expectations in August, may impact Fed’s rate decision

US private sector hiring misses expectations in August, may impact Fed’s rate decision

Washington: Hiring in the US private sector markedly undershot analyst expectations in August, said payroll firm ADP on Thursday, as the health of the labor market comes under scrutiny. Private sector employment rose by 99,000 in August while job gains in July were revised down to 111,000, said ADP in a report. A consensus forecast … Read more