ADP: Private Sector Jobs Up 154,000 in Sept.

Private-sector employment increased by 154,000 in September, on a seasonally adjusted basis, ADP estimated Wednesday.

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In August, ADP says 175,000 jobs were added, compared to its initial estimate of 177,000 new jobs.

"The current record of consecutive monthly job gains continued in September," Mark Zandi, chief economist of Moody's Analytics, said in a release. "With job openings at all-time highs and layoffs near all-time lows, the job market remains in full-swing. Job growth has moderated in recent months, but only because the economy is finally returning to full-employment."

Economists surveyed by IFR Markets estimated a 170,000 ADP job gain projection for September.


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