In The News...

People wait in line to meet with job counselor during a job fair at Workforce1 in New York September 6, 2012. REUTERS/Brendan McDermid

Private sector adds 162,000 jobs in September: ADP
Private sector adds 162,000 jobs in September: ADP
Posted : Wednesday, 03 October 2012 08:20AM

NEW YORK (Reuters) - Private employers added 162,000 jobs in September, topping economists' expectations, a report by a payrolls processor showed on Wednesday.

Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 143,000 jobs.

August's private payrolls were revised down to an increase of 189,000 from the previously reported 201,000.

The report is jointly developed with Macroeconomic Advisers LLC.

(Reporting by Leah Schnurr; Editing by Chizu Nomiyama)

(c) Copyright Thomson Reuters 2012. Check for restrictions at: http://about.reuters.com/fulllegal.asp