ADP Says U.S. Companies Added 201,000 Workers in August
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Companies added more workers than forecast in August, easing concern the U.S. job market may be stalling, a private report based on payrolls showed.
The 201,000 increase in employment, the biggest gain in five months, followed July’s revised 173,000 rise, Roseland, New Jersey-based ADP Employer Services said today. The median forecast of 41 economists surveyed by Bloomberg called for an advance of 140,000.