Jobs
US Companies Add 177,000 Jobs, Smallest Gain in Five Months
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US companies in August added the fewest jobs in five months, a private report showed, adding to signs of moderating labor demand.
Private payrolls rose by 177,000 in August following an upwardly revised 371,000 increase in the prior month, according to figures published Wednesday by the ADP Research Institute in collaboration with Stanford Digital Economy Lab. The median estimate in a Bloomberg survey of economists called for a 195,000 advance.