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Listen Live
Saturday’s: 9AM 1590 AM/97.9 FM KVTA
Sunday’s: 7AM K-EARTH 101 FM
Private payroll job growth rose faster than expected in September, suggesting that companies are continuing to hire new workers despite growing fears of an economic slowdown, according to the ADP National Employment Report released Wednesday morning.
Companies added 208,000 jobs last month, topping the 200,000 gain that economists surveyed by Refinitiv had predicted.
“We are continuing to see steady job gains,” said Nela Richardson, the chief economist at ADP. “While job stayers saw a pay increase, annual pay growth for job changers in September is down from August.”
