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ADP shows U.S. hiring slowed in August, with 38,000 new jobs
The 38,000 jobs marked the second consecutive month with a small increase, suggesting hiring cooled during the summer.
U.S. businesses added just 38,000 jobs in August, according to an ADP report cited by MarketWatch.
That figure followed another small increase in the prior month, making it the second consecutive month of relatively modest hiring.
MarketWatch notes the pattern points to slower hiring activity during the summer period.
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