US job creation rises in July

The US private sector recorded strong job growth in July according to payroll services firm ADPCompanies added 179,000 new jobs, up 1.7 percent from June’s revised total of 176,000, according to the payroll services firm ADP. The ADP figures often do not match those released by the US Labor Department, which is due to publish its own tally of monthly job creation on Friday. The new numbers also come as recent economic data continue to make it harder for policymakers in Washington to find the signal in the noise, causing them to err on the side of caution.

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