U.S. Private-Sector Job Growth Slows In August, 91,000 Positions Added: ADP

NEW YORK - The pace of U.S. private sector job growth slowed in August for the second month in a row with employers adding 91,000 positions, a report by a payrolls processor showed on Wednesday.

Economists surveyed by Reuters had forecast the report would show a gain of 100,000 jobs. July's private payrolls were revised down to an increase of 109,000 from the previously reported 114,000.

The report is jointly developed with Macroeconomic Advisers LLC.

The ADP figures come ahead of the government's much more comprehensive labor market report on Friday, which includes both public and private sector employment and is forecast to show the economy added 75,000 jobs in August.

(Reporting by Leah Schnurr; Editing by Padraic Cassidy)

Copyright 2011 Thomson Reuters. Click for Restrictions.

Comments

[ta8ersalid]

12:37 PM on 09/01/2011

Better than losing 800,000 jobs in one month in dec 2008, after losing 1.3+ million the previous 2 months.

[Chipper1]

05:28 PM on 08/31/2011

Our wonderful new Republican governor of Michigan gave big tax breaks to corporations and businesses saying this would allow them to create needed jobs. Guess what's happening? No jobs here, just more going overseas or businesses cutting hours and pay for workers. "Job creators" my eye!

[frank day]

04:34 PM on 08/31/2011

Rabbits are nutritious and require little initial investment.

You could sneak onto private ponds to fish.

Many local plants are edible.

Improvise my friends, Improvise !!!

[oilfield]

07:31 PM on 08/31/2011

the serve rabbit at one of the local restaurants....it is really good.

[Aroon]

04:27 PM on 08/31/2011

So tax-cuts do not result in private jobs ?

[Ed Red]

03:15 PM on 08/31/2011

Just you wait the Big 0's plan will fix everything. More jobs, cleaner air, just the right amount of rain and peace throughout the land.

Man I love my mushrooms!!!

[frank day]

04:35 PM on 08/31/2011

Do you have any idea how a$inine your rants sound when you disparage your

President's name???

[oilfield]

07:32 PM on 08/31/2011

i am torn....o isnt good for america but inflation is really good for me....what to do. lol

[BuckCarson]

02:27 PM on 08/31/2011

Yet another conquest of "government knows best for you and me!"

http://www.zdnet.com/blog/green/solyndra-plans-bankruptcy-filing-in-blow-to-us-solar-industry/18660

Let's sing!

[AmySeow]

02:04 PM on 08/31/2011

With corporations outsourcing 4 jobs for every 1 that small business creates - we are never going to get anywhere. This whole economy is unsustainable.
http://www.amazon.com/Simple-Wealth-Mr-Andrew-Costello/dp/1463523017/ref

[BuckCarson]

02:28 PM on 08/31/2011

Yup - let's double the amount of regulation for them, that'll solve it. David Letterman knows;)

[oilfield]

07:33 PM on 08/31/2011

so we should make it easier to unionize, give the epa more power to regulate co2, and pass a massive healthcare overhaul that no one knows what will cost.
that will fix it.

[Vendetta101]

10:48 AM on 09/01/2011

I know right.Why cant people realize that we business owners are the" Creators".

I personally like All Mighty Job Creators.

[Tarpon22]

01:48 PM on 08/31/2011

U.S. Private-Sector Job Growth Slows In August, 91,000 Positions Added:

AND OVER 400,000 OUTSOURCED

This is the part HP will not report as to not tee off their Corporate Sponsors.

Obam is addressing Congress on Job Creation.
The word OUTSOURCING will NOT be mentioned.

Ron Paul 2012

[omnioasis]

02:26 PM on 08/31/2011

Not to mention that August just had the highest layoffs since April 2009. Wait till sept comes when all temp summer jobs lost get added the figures. that is usally a million or more bump.

[bd7769]

01:04 PM on 09/01/2011

What is funny is that RP has become the new progressive voice of this century, it is time to cancel nafta and china’s most favored trade nation status.

[Howard Scott Pearlman 59]

01:35 PM on 08/31/2011

Corporations are sitting on $2.5 TRILLION in Cash. Just One Trillion spent by corporations in a year could employ 20 million Americans at $50,000 each for one year. Corporations could hire people to fix up their businesses , repair repaint improve safety, install green energy systems for 0.5 Trillion worth of material upgrades . A Trillion dollars put back into the Economy would generate all kinds of new demand that will jump start America. What goes around comes around but somebody has to start the ball rolling.

Have a Heart Corporate America PUT AMERICA BACK TO WORK NOW !

[omnioasis]

02:27 PM on 08/31/2011

Just think of what the 7 trillion Obama and dems wasted over budegt in the last three years could have done.

[BuckCarson]

02:29 PM on 08/31/2011

Oh I am so helpless. All those neighbors of yours while you watch TV should depart of their money for you!

You are a man of honor.

[susan4america]

11:42 AM on 08/31/2011

STOP OUTSOURCING OF US JOB MARKET......period

[BuckCarson]

02:30 PM on 08/31/2011

Get busy and learn something they'll pay you for.

[MrStat1]

04:07 PM on 08/31/2011

That would require an act of Congress and it would raise constitutional issues.

[susan4america]

08:21 PM on 09/02/2011

listen buck and stat...we have acts of congress every week.... I am surprised you folks can even login to this site... God Help America

[susan4america]

11:40 AM on 08/31/2011

What a disgrace...

[BuckCarson]

02:30 PM on 08/31/2011

It is sheer and utter ignorance in action.

[verycold]

11:00 AM on 08/31/2011

I can still hear Biden last year insisting we would see job growth between 250,000 and 500,000.  Where did he get those numbers from?  WH economists? Maybe from the same folks that said if we spent nearly a trillion dollars on a poorly thought out stimulus plan that we would not see unemployment rise above 8 percent.  Now Biden says we didn't spend enough.  Now he says the recession was deeper than they realized.  How could that be?  The president and VP have said probably millions of times that this recession was the worse since the great depression. 

This is exactly the problem.  There is no credibility coming from Washington regardless of the party.  They are just throwing darts. 

I will say it again.  Temporary solutions are NOT the answer.  We have structural problems that have been there for decades that have been virtually ignored.  When the economy ticks up, and all boats float, the can is kicked even further down the road.  Nobody then cares about corruption, redundancy, inefficiencies, etc.  That is when the spending gets ratcheted up. 

Look at  FEMA that is out of money to the tune of 18 B.  So what fund are they stealing money from now to help those in need?  It is a shell game and it needs to stop NOW.  Back about a year ago, I looked at the NYC budget.  One capital budget fund was paying for snow removal instead of allocating those funds to projects as was the purpose of a capital project fund.  While you might think that temporary withdrawal is temporary, it is not.  The money is never replaced nor is the stealing of that money to pay for services that have depleted their fund. 

We keep talking about extending unemployment benefits but that fund is empty.  We are tapping into FEMA and that is empty.  We are selling bonds, and thus incurring more debt, to pay SS benefits because the money was previously invested in bonds that ran up our debt. Our Postal service is billions in the hole as is Amtrak. 

For the Fiscal year 2012, 42 states and DC need to close a 103B shortfall.  Even when a state says they technically are balanced, it isn't the sort of balancing the average person is familiar with. It is government balancing which involves making ridiculous projections of revenues in the future, as CA as recently done, and actually borrowing money to pay for current debt.  BTW, states are still down about 9 percent in revenues compared to revenues before 2008.

[susan4america]

11:41 AM on 08/31/2011

Stop Outsourcing of US jobs. PERIOD.

[BuckCarson]

02:31 PM on 08/31/2011

Please get real. These guys were and will always be losers. All of them. Join the tea party.

[kenhamlett]

10:45 AM on 08/31/2011

The headline on the main page makes this look like good news. Then, you click on the story, and the news is not good at all. Job growth at this level in the private sector -- with jobs in the public sector still being cut -- does not even keep up with the number of people coming into the labor market each month. Well over two years into the "recovery," these kind of numbers are disastrous. This is precisely why we need -- and have needed for two years -- a job creation effort on a nationwide scale. We are losing a generation of workers to despair and hopelessness, and we are seeing our economy stagnate (or maybe worse). Action to turn this around is way past due.

[BuckCarson]

02:32 PM on 08/31/2011

This is a left-leaning pile of words, Ken - what did you expect?

[kenhamlett]

02:49 PM on 08/31/2011

I expect accurate headlines that reflect the stories with which they are associated. I am about as liberal as one can get, but that does not diminish the fact the need for accuracy. In fact, I think we liberals have a good record in that regard. I am just trying to protect and maintain it.

[Father Tom]

10:19 AM on 08/31/2011

Waiting for the Indian Summer of Recovery. Oh....was that LAST year?

[BuckCarson]

02:32 PM on 08/31/2011

The tea party was on it before you, Tom.