Employers continue to hire according to a new report from ADP and Moody’s Analytics .
The report indicates that private companies added 230,000 more positions for the month. Those additions are the best since February, when 241,000 jobs were added.
Construction and goods-producing industries led the way when it came to the additional jobs being added.
Mark Zandi is the chief economist at Moody’s Analytics He tells CNBC : “This labor market is rip-roaring hot. The risk that this economy overheats is very high, and this is one more piece of evidence of that.”
Source: https://www.cnbc.com/2018/10/03/private-payrolls-grew-by-230000-in-september-vs-185k-est-adp.html
