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- U.S. private employers add 2,369,000 jobs in June - ADP
U.S. private employers add 2,369,000 jobs in June - ADP
The employment
report prepared by Automatic Data Processing Inc. (ADP) and Moody's Analytics
showed on Wednesday the U.S. private employers added 2,369,000 jobs in June.
Economists had
expected an increase of 3,000,000.
The May number saw
a dramatic upward revision to 3,065,000 from the originally reported -2,760,000.
“Small business
hiring picked up in the month of June,” said Ahu Yildirmaz, vice president and
co-head of the ADP Research Institute. “As the economy slowly continues to
recover, we are seeing a significant rebound in industries that once
experienced the greatest job losses. In fact, 70 percent of the jobs added this
month were in the leisure and hospitality, trade and construction industries.”
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