WASHINGTON (AP) — U.S. companies added jobs at a modest pace last month, a private survey found, a sign that while hiring continues, it is only soaking up a relatively small proportion of the unemployed. Payroll processor ADP said Wednesday that businesses added 428,000 jobs in August, a figure that before the pandemic would have represented a healthy gain. But the increase represents a small slice of the 12 million jobs that have been lost to the spread of the coronavirus.
FILE - In this May 28, 2020 file photo, a "Now Hiring" sign rests in a window as a man walks out of the Corner Market in Lyndhurst, Ohio. U.S. companies added jobs at a modest pace last month, a private survey found, a sign that while hiring continues, it is only soaking up a relatively small proportion of the unemployed. (AP Photo/Tony Dejak, File)
Survey: US companies added just 428,000 jobs last month
Sep 2, 2020 | 8:04 AM
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