Economic news

U.S. companies added 178,000 jobs in July

US private sector added 178,000 jobs in July, according to a report from ADP and Moody's Analytics. Economists in a Reuters poll had expected a rise of 185,000 jobs.

The unemployment rate is predicted to edged down to 4.3 percent from the 4.4 percent in June.

The ADP report was issued ahead of the U.S. Labor Department's nonfarm payrolls report on Friday.

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