U.S. August ADP employment down 10,000

U.S. private-sector employment fell 10,000 in August, according to the ADP employment report released Wednesday. “The decline in private employment in August confirms a pause in the recovery already evident in other economic data,” said Joel Prakken, chairman of Macroeconomic Advisers, which produces the report from anonymous payroll data supplied by ADP, in a statement.

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