Private companies in the United States created 374,000 jobs in August, almost half as much as expected, but more than in July, according to the monthly survey by business services firm ADP released Wednesday, as the Delta variant slows down economic recovery.
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The data “showed a decline in the market recovery. We have seen a drop in new hires, after significant employment growth in the first half of the year, ”Nela Richardson, ADP chief economist, said in the statement. In July, 326,000 jobs were created, according to data revised down slightly and also published on Wednesday.