Employment data from ADP

  • Prior was +11.6K

  • Construction +4.0K vs +4.6K prior

  • Trade, transport and utilities -0.2K vs -1.2K prior
  • Finance and real estate +4.0K vs +0.5K prior
  • Manufacturing +2.2K vs -2.1K prior
  • Leisure and hospitality +0.4K vs +10.8K prior
  • Professional and business services -0.6K vs +4.4K prior
  • Full report

"Job growth in August was relatively modest," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. "Despite a pull back in natural resources and mining and the information industry, we saw strong growth in finance, construction, and manufacturing. For the first time in nearly six months the finance space added a substantial amount of jobs."