The August payroll gain was the strongest in five months and well above Wall Street forecasts of 53,000 new jobs

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…

The gain was the smallest since January and fell short of the 47,000 consensus estimate, with most hiring concentrated in education and health services