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- U.S. private employers add 692,000 jobs in June - ADP
U.S. private employers add 692,000 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 978,000 jobs in June.
Economists
had expected an increase of 600,000.
The May
number saw a downward revision to 886,000 from the originally reported 978,000.
“The
labor market recovery remains robust, with June closing out a strong second
quarter of jobs growth,” noted Nela Richardson, chief economist, ADP. “While
payrolls are still nearly 7 million short of pre-COVID19 levels, job gains have
totaled about 3 million since the beginning of 2021. Service providers, the hardest
hit sector, continue to do the heavy lifting, with leisure and hospitality
posting the strongest gain as businesses begin to reopen to full capacity
across the country.”
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