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ADP report shows U.S. private sector added 200,000 jobs this month

Published 30/09/2015, 14:46

Investing.com - U.S. private employers added 200,000 jobs in September, beating economists' expectations and suggesting there might be enough jobs growth for the Federal Reserve to raise interest rates later this year, a report by a payrolls processor showed on Wednesday.

Economists had forecast the ADP National Employment Report would show a gain of 194,000 jobs.

Private payroll gains in August were revised down to 186,000 from an originally reported 190,000 increase.

The ADP figures come ahead of the U.S. Labor Department's more comprehensive non-farm payrolls report on Friday, which includes both public and private-sector employment.

Friday's report is expected to show the economy added 203,000 jobs in September.

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