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ADP: U.S. Only Gained A Disappointing 428,000 Private-Sector Jobs in August

PYMNTS

Private-sector employment went up by 428,000 jobs last month, said the ADP National Employment Report. million, according to that month’s ADP National Employment Report. The labor market recovery slowed in the month of July,” said Yildirmaz when that month’s report was released. million increase.

National 145
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Who Will Use Self-Driving Cars?

PYMNTS

Similar sentiments were expressed in a study from the NAMIC (National Association of Mutual Insurance Companies). Most (53 percent) of consumers could see fully automated vehicles on the market within two to 10 years, and more than half of Americans (55 percent) think most cars will have the ability to drive themselves by 2029.

Study 101
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What The Presidential Election Might Mean for Interest Rates

South State Correspondent

Regardless of who wins, our national debt will continue to increase, and community banks should be prepared for its consequences. In short, CBO projects that in 2029 the US debt, as a percentage of GDP, will exceed its previous high (from WWII), and will sour to 166% of GDP in 2054, and continue to increase thereafter.