From the FINANCIAL TIMES:
Private sector employment in the US fell for the first time this year in August, underscoring fears that a recovery in the labour market is faltering.
Businesses shed 10,000 workers last month, according to ADP Employer Services. That was the first monthly decline since last December and failed to meet economists’ projections that hiring would edge higher…
“The decline in private employment in August confirms a pause in the recovery already evident in other economic data,” ADP said in its report…
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