Small-firm hir­ing sta­ble in July

Albuquerque Journal - - BUSINESS -

NEW YORK — Small-busi­ness hir­ing was little changed in Au­gust, with com­pa­nies adding 48,000 jobs. That’s ac­cord­ing to ADP, the pay­roll ser­vice that tracks the num­ber of work­ers at its small busi­ness cus­tomers.

Small com­pa­nies had added 49,000 jobs in July, a sharp re­vi­sion from ADP’s ear­lier re­port of 17,000.

Hir­ing has been rel­a­tively sta­ble since May, av­er­ag­ing more than 54,000 new jobs a month. But that’s down from the av­er­age of 84,000 in the first four months of 2017.

Sur­veys in­clud­ing re­cent ones re­leased by Wells Fargo and by MetLife and the U.S.

The Au­gust em­ploy­ment re­port ar­rives Fri­day.

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