Private payroll growth way above Wall Street estimates despite recession fears
Published 2 hours ago Updated an hour ago
Jeff Cox
Private payrolls grew by 195,000 in August vs. the 140,000 estimate from economists surveyed by Dow Jones.
The jump comes amid heightened fears that the U.S. economy could slip into recession over the next 12 months.
Fully 100,000 of the new jobs came in the education and health services fields.
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https://www.cnbc.com/2019/09/05/payroll-growth-195000-in-august-vs-140000-estimate-adpmoodys.html