Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  September 06, 2012 15:03:41

U.S. - ADP, the private sector in August created 201,000 new jobs, much more than expected


According to the U.S. ADP private sector created in August, 201,000 new jobs compared to 173,000 in July. Average market expectation was set at 140,000 places in the overall estimates range from 90 to 170 000th

Goods production sector, implying a production and construction in August created 16,000 new jobs of which 10,000 construction and factory production of 3,000 seats.
The service sector has created 185,000 new jobs compared to 156,000 in July.

Large firms over 499 employees created 16,000 jobs, medium from 50 to 499 employees and 86,000 small businesses then 99,000 new jobs.

Statistics ADP processing data for about 21 million workers.

From the government's report, which will be presented tomorrow, is expected for the whole economy creating 138,000 new jobs and the stagnation of the unemployment rate to 8.3%.
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