U.S. private payrolls saw a moderate increase in August, adding 38,000 jobs. This figure fell short of economists' expectations for job growth last month. The ADP report, a precursor to official data, showed a revised 46,000 jobs added in July. Economists surveyed by Reuters anticipate a rebound in nonfarm payrolls for August. The unemployment rate is expected to remain steady at 4.1 percent.

US private-sector employment grew by just 38,000 jobs in August, the slowest pace since January, as manufacturing shed 17,000 positions and wage

U.S. private payrolls saw a moderate increase in August, adding 38,000 jobs. This figure fell short of economists' expectations for job growth last month. The ADP report, a…