Research >> Economics
ADP National Employment Report increased by 230,000 jobs in September
Private sector employment increased by 230,000 jobs from August to September according to the September ADP National Employment Report®.
“The labor market continues to impress,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “Both the goods and services sectors soared. The professional and business services industry and construction served as key engines of growth. They added almost half of all new jobs this month.”
Mark Zandi, chief economist of Moody’s Analytics, said, “The job market continues to power forward. Employment gains are broad-based across industries and company sizes. At the current pace of job creation, unemployment will fall into the low 3%’s by this time next year.”
Posted: October 3, 2018 Wednesday 08:15 AM