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Economy

“U.S. job growth slowed sharply to 177,000 in August, below expectations, ADP says”

“…The firm reported Wednesday that private employers added 177,000 jobs in August, well below the revised total of 371,000 added in July. Economists surveyed by Dow Jones were expecting 200,000 jobs added in August.

ADP also reported that pay growth slowed for workers who changed jobs and those who stayed in their current positions…”

https://www.cnbc.com/2023/08/30/us-job-growth-slowed-sharply-to-177000-in-august-below-expectations-adp-says.html

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