Private Sector Adds 190,000 Jobs In August: ADP | Fox Business

Private-sector employment gains continued in August at a slightly faster pace than in the prior month. Employers added 190,000 jobs last month, Automatic Data Processing Inc. reported Wednesday. ADP revised July's gain down slightly to 177,000 from a prior estimate of 185,000. Economists use ADP's data to get a feeling for the Labor Department's employment report, which will be released Friday and covers government jobs in addition to the private sector. Economists polled by MarketWatch expect the government's report to show that nonfarm payroll rose by a 213,000 jobs last month, close to the gain of 215,000 in July. Mark Zandi, chief economist at Moody's Analytics Inc., which produces the report, said the August advance was "rock solid" with the only weakness coming in the energy sector.