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ADP National Employment Report Increased by 568,000 jobs in September
Private sector employment increased by 568,000 jobs from August to September according to the September ADP® National Employment ReportTM.
“The labor market recovery continues to make progress despite a marked slowdown from the 748,000 job pace in the second quarter,” said Nela Richardson, chief economist, ADP. “Leisure and hospitality remains one of the biggest beneficiaries to the recovery, yet hiring is still heavily impacted by the trajectory of the pandemic, especially for small firms. Current bottlenecks in hiring should fade as the health conditions tied to the COVID-19 variant continue to improve, setting the stage for solid job gains in the coming months.”
Posted: October 6, 2021 Wednesday 08:15 AM