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ADP August Private Payrolls Rise 38,000, Miss Estimates

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ADP Automatic Data Processing Inc
$283.49 -0.93%
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  1. 1The private sector added 38,000 jobs last month, falling short of expectations.
  2. 2Bloomberg survey forecast was 47,000, and July's gain was revised up to 46,000.
  3. 3Education and healthcare led the increase, while Friday's government employment report is expected to show a gain of 55,000.

This 3-line summary is compiled from the report below.

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