ooooh boy, obama is really cookin wit gas now....
Private Sector Added 162,000 Jobs in September, ADP Says
Private businesses in the U.S. added 162,000 jobs last month, according to a national employment report released Wednesday by payroll processor Automatic Data Processing Inc. and the consultancy Macroeconomic Advisers.
The U.S. nonmanufacturing sector, meanwhile was busier than expected in September, according to the Institute for Supply Management. The number of private jobs added in September was more than the 153,000 expected by economists. The August estimate was revised down to 189,000 from the 201,000 reported last month. T
he ADP survey tallies only private-sector jobs. The Bureau of Labor Statistics' nonfarm payroll data, to be released Friday, include government workers, whose ranks have been falling in recent years as state and local governments have cut jobs to close budget gaps.
Economists surveyed by Dow Jones Newswires are forecasting that total nonfarm payrolls rose by 118,000 in September, while the jobless rate is expected to remain at 8.1%. |
