ADP says private-sector employment fell 10,000 in August
WASHINGTON (MarketWatch) -- U.S. private-sector employment fell 10,000 in August, according to the ADP employment report released Wednesday, breaking a six-month run of increases.
"The decline in private employment in August confirms a pause in the recovery already evident in other economic data," said Joel Prakken, chairman of Macroeconomic Advisers, which produces the report from anonymous payroll data supplied by ADP, in a statement.
In August, employment in the goods-producing sector
fell 40,000 . Meanwhile, employment in the service-producing sector
rose 30,000 . Employment fell 6,000 at small businesses, and declined
5,000 at medium businesses. At large businesses, employment rose
1,000 .