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- U.S. economy created 281,000 jobs in June
U.S. economy created 281,000 jobs in June
The ADP Research Institute released its employment report today. The U.S. economy added 281,000 jobs in June, after an increase of 179,000 jobs in May. That was the highest increase since November 2012. It is a sign that the U.S. labour market is strengthening.
Analysts had expected the U.S. economy to add 206,000 jobs.
Manufacturers, builders and other goods-producing industries added 51,000 jobs. Construction payrolls rose by 36,000 positions. The factory sector added 12,000 jobs.
Service-sector payrolls climbed by 230,000 jobs.
The U.S. Bureau of Labor Statistics will reveal its labour market data on Thursday. Analysts expect that the U.S. economy will add 211,000 jobs in June, after 217,000 jobs in May.
The unemployment rate in the U.S. should remain unchanged at 6.3% in June.
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