- Analytics
- News and Tools
- Market News
- U.S. private employers add 156,000 jobs in July - ADP
U.S. private employers add 156,000 jobs in July - ADP
The employment
report prepared by Automatic Data Processing Inc. (ADP) and Moody's Analytics
showed on Wednesday the U.S. private employers added 156,000 jobs in July.
Economists had
expected a gain of 150,000.
The increase
for June was revised up to 112,000 from the originally reported 102,000.
“While we still
see strength in the labor market, it has shown signs of weakening,” said Ahu
Yildirmaz, vice president and co-head of the ADP Research Institute. “A
moderation in growth is expected as the labor market tightens further.”
Meanwhile, Mark
Zandi, chief economist of Moody’s Analytics, noted, “Job growth is healthy, but
steadily slowing. Small businesses are suffering the brunt of the slowdown.
Hampering job growth are labor shortages, layoffs at bricks-and-mortar
retailers, and fallout from weaker global trade."
© 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
