ADP report shows employers added 163,000 jobs in July. Is the job market stablizing?

ADP report shows employers added 163,000 jobs in July. Is the job market stablizing?

Aug. 1, 2012
Lewis Alexander, chief U.S. economist at Nomura Holdings Inc., talks about the ADP Employer Services report and the outlook for Federal Reserve policy. (Source: Bloomberg)
Bloomberg
Correction: Clarification: