Private-sector job creation is slowing, ADP survey finds

The rate at which private employers hired workers declined to 130,000 this month, significantly below the 150,000 monthly average for the year, according to a survey by payroll processor ADP. Mark Zandi, chief economist at Moody's Analytics, which helps ADP prepare its payroll report, said the U.S. government shutdown and the threat of a debt default triggered a sharp decline in hiring among service-sector companies that do business with the government.

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