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The US private sector is adding more jobs than expected
05 Sep 2019 03:30 PM
05 Sep 2019 03:30 PM
Mubasher: The US private sector added more jobs than expected in the US labor market last month.
The non-farm private sector added 195,000 jobs to the labor market in August, compared with 142,000 in July, data from the ADP found on Thursday.
Analysts had expected the US private sector to add 148,000 jobs to the labor market.
According to the data, the Saudi sector added 11,000 jobs last month, supported by construction and industry.
The services sector added the largest number of jobs by 184,000 in August, boosting education, health, trade and transport.
By 12:15 pm GMT, the US dollar was down against the euro by 0.2 percent, bringing the single European currency to $ 1.1056.
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