US private hiring hotter than expected despite July easing :

Hiring in the US private sector decelerated in July but was nearly twice as high as analysts expected according to payroll firm ADP on Wednesday, signaling strength in the jobs market.For now, Shepherdson said "we expect job growth to slow over the next few months," tracking a decline in a hiring intentions measure.
bys/mlm

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Nela Richardson , Ian Shepherdson , Labor Department , Pantheon Macroeconomics , Labor Market , Exceeded Expectations , Onsensus Estimate , Private Sector , Better Than Expected ,