ADP Says Payrolls at Companies in U.S. Increase 200,000
- Jump at services providers offset plunge in factory payrolls
- Construction firms almost doubled pace of hiring from August
U.S. Companies Added 200,000 Jobs in Sept.
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Companies stepped up hiring in September, indicating the U.S. job market is standing firm in the face of weaker global demand, according to a private report based on payrolls.
A 200,000 increase in employment followed a revised 186,000 rise in the prior month, figures from the ADP Research Institute showed Wednesday. The median projection of economists surveyed by Bloomberg called for an advance of 190,000.