U.S. Companies Add Most Jobs in Four Months, ADP Data Show (1)

Sept. 5, 2019, 12:41 PM UTC

U.S. companies added the most jobs in four months in August while jobless claims stayed low last week, reports showed Sept. 5, suggesting the labor market remains healthy despite a slowdown in manufacturing and global weakness.

Businesses’ payrolls increased by 195,000 after a downwardly revised 142,000 gain in July, according to the ADP Research Institute. The latest data compared with the median estimate of economists for a 148,000 increase. A separate Labor Department report Sept. 5 showed filings for unemployment benefits were little changed last week, near the lowest level since 1969.

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  • The ADP report indicates hiring ...

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