#USAugADPJobsSmallestGainSinceJan
U.S. private sector added only 38,000 jobs in August, a figure below expectations and marking the weakest monthly gain since January.
Key points:
Net slowdown: job creation is slowing, in contrast with the revised July figure, which was 46,000.
Sector disparities: most hiring was concentrated in education and health, while the manufacturing sector destroyed 17,000 jobs.
U.S. private sector added only 38,000 jobs in August, a figure below expectations and marking the weakest monthly gain since January.
Key points:
Net slowdown: job creation is slowing, in contrast with the revised July figure, which was 46,000.
Sector disparities: most hiring was concentrated in education and health, while the manufacturing sector destroyed 17,000 jobs.