Companies Added 166,000 Jobs in September, ADP Says
Private-sector employers increased payrolls by 166,000 jobs in September, the ADP Research Institute reported on Oct. 2.
Employers added 159,000 jobs in August, which was revised down from 176,000. Economists surveyed by Bloomberg News expected 180,000 new jobs.
The majority of the new jobs were in the service-providing sector, ADP said. The transportation, trade and utilities industry added 54,000 jobs.
“The job market appears to have softened in recent months,” Moody’s Analytics Chief Economist Mark Zandi said in a statement. “Fiscal austerity has begun to take a toll on job creation.”
The figure will be the only report of September employment until the federal government ends the shutdown it entered Oct. 1. The Labor Department usually publishes weekly jobless claim reports and monthly unemployment totals, but it will not release those totals during the shutdown.
ADP, which processes payrolls for employers, compiles the report from its clients, which employ 24 million people.
