ADP employment data comes in slightly worse than expected

Published on August 31, 2011 by IFX | NEWS   ·   No Comments The employment report published by US payroll processing firm ADP reveals that 91,000 private jobs were created in the US during the month of August. Analysts were expecting 100,000. Last month's reading was revised lower to 109,000 compared to the preliminary estimate of 114,000. Breaking it down by sectors, 4,000 jobs were lost in...