Jobs
US Companies Added 208,000 Jobs in September, ADP Data Show
- Gains driven by transportation, utilities; manufacturing fell
- Wage growth for job stayers at highest in at least two years
While job openings are coming down, they’re still extremely elevated.
Photographer: Al Drago/BloombergThis article is for subscribers only.
US companies hired at a solid clip in September, suggesting demand for workers remains healthy despite rising economic uncertainty.
Businesses’ payrolls rose 208,000 last month after an upwardly revised 185,000 gain in August, according to data from ADP Research Institute in collaboration with Stanford Digital Economy Lab. The median forecast in a Bloomberg survey of economists called for a 200,000 advance.