US Private Payrolls Fall Short of July Expectations, ADP Reports

Reported 3 months ago

In July, U.S. private payrolls increased by 122,000 jobs, considerably less than the anticipated 150,000, according to the ADP National Employment Report. This follows a revised gain of 155,000 in June. Economists note that initial estimates for private payroll growth have often been underestimated, with predictions for upcoming government data suggesting a total of 175,000 jobs added in July.

Source: YAHOO

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