ADP Says U.S. Companies Added 162,000 Workers to Payrolls
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Companies added more workers than projected in September, evidence the labor market may be perking up, a private report based on payrolls showed.
The 162,000 increase in employment followed a revised 189,000 jump in August, figures from Roseland, New Jersey-based ADP Employer Services showed today. The median forecast of 38 economists surveyed by Bloomberg projected a 140,000 advance.