Businesses add jobs at solid pace in September - KWWL - Eastern Iowa Breaking News, Weather, Closings

Businesses add jobs at solid pace in September

Posted: Updated:

WASHINGTON (AP) -- Buoyed by strong consumer spending and steady home sales, U.S. businesses added jobs at a healthy pace in September, according to a private survey.

Payroll processor ADP says employers added 200,000 jobs this month, up from 180,000 in the previous month. August's job total was revised lower.

Americans are spending more freely and buying big-ticket items such as new cars and homes. That is offsetting weak economies overseas and the strong dollar, which are cutting into exports.

The government will issue its official jobs report for September on Friday. Economists forecast that report will show that employers added 206,000 jobs, and the unemployment rate held at 5.1 percent for the second straight month.

The ADP survey covers only private businesses and frequently diverges from the official figures.

Powered by Frankly