US private sector adds 190,000 jobs in August: ADP

[NEW YORK] US private employers added 190,000 jobs in August, short of economists' expectations, a report by a payrolls processor showed on Wednesday.

Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 201,000 jobs.

Private payroll gains in July were revised down to 177,000 from an originally reported 185,000 increase.

The report is jointly developed with Moody's Analytics.

The ADP figures come ahead of the US Labour Department's more comprehensive non-farm payrolls report on Friday, which includes both public and private-sector employment.

Economists polled by Reuters are looking for total US employment to have grown by 220,000 jobs in August, a modest climb from July's 215,000 figure. The unemployment rate is forecast to tick down to 5.2 per cent from the 5.3 per cent in July.

REUTERS