The US created 38,000 private sector jobs in August, according to ADP.

THE job creation in the private sector in the United States slowed down in August, according to a report released this Wednesday (2) by Automatic Data Processing (ADP).

According to the survey, private companies created 38,000 jobs last month, a result below the 47,000 vacancies expected by the market and lower than the 46,000 created in July (revised figure from 44,000). "The result marks the weakest pace of job creation since January, with a clearly more deteriorated composition: manufacturing, professional & business services and information They started cutting jobs, while education & health services, construction and leisure & hospitality "They sustained solid hiring," assesses DA Economics. "By size, the creation was concentrated almost entirely in large companies, with virtually no contribution from medium and small companies," it adds.

This text was translated by machine from Brazilian Portuguese.