In the latest sign that the labor market is experiencing a serious contraction, the U.S. private sector lost 32,000 jobs in September, according to the ADP National Employment Report released Wednesday. The loss, the worst figure reported by the payroll processing company in two-and-a-half years, was far below the 45,000-job increase that had been forecast by economists surveyed by The Wall Street Journal . ADP data from August was also revised, indicating that the economy actually shed 3,000

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