ADP projects 213K new jobs for September

High optimism in payroll company projection

ADP's estimate for private payroll growth for September is 213,000 jobs created.

ADP has a history of being wildly optimistic.

ADP private payroll employment estimate for August was 204,000. The comparable BLS number posted at a miserable 142,000.

Econoday, meanwhile, surveyed economists and found a consensus for 215,000 for September. 

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