- Analytics
- News and Tools
- Market News
- ADP report: private sector adds 237,000 jobs in June
ADP report: private sector adds 237,000 jobs in June
Private sector in the U.S. added 237,000 jobs in June, according the ADP report on Wednesday. It was the biggest increase since December 2014.
May's figure was revised up to 203,000 jobs from a previous reading of 201,000 jobs.
Analysts expected the private sector to add 217,000 jobs.
The increase was driven by a job creation in the professional and business service.
"The U.S. job machine remains in high gear," the Chief Economist of Moody's Analytics Mark Zandi said.
Official labour market data will be released on Thursday. Analysts expect that U.S. unemployment rate is expected to decline to 5.4% in June from 5.5% in May. The U.S. economy is expected to add 232,000 jobs in June, after adding 280,000 jobs in May.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
