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U.S. job growth slowed sharply to 177,000 in August, below expectations, ADP says

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U.S. job growth slowed sharply to 177,000 in August, below expectations, ADP says

A ‘help wanted’ sign is displayed in a window of a store in Manhattan on December 02, 2022 in New York City. 

Spencer Platt | Getty Images

Job creation in the United States slowed more than expected in August, according to ADP, a sign that the surprisingly resilient U.S. economy might be starting to ease under pressure from higher interest rates.

The firm reported Wednesday that private employers added 177,000 jobs in August, well below the…

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