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Wed Aug 2, 2017, 08:37 AM

U.S. private sector adds 178,000 jobs in July: ADP [View all]

Last edited Wed Aug 2, 2017, 08:14 PM - Edit history (2)

Source: Reuters

August 2, 2017 / 8:37 AM / 12 hours ago

U.S. private sector adds 178,000 jobs in July: ADP

NEW YORK (Reuters) - U.S. private employers added 178,000 jobs in July, below economists' expectations, a report by a payrolls processor showed on Wednesday.

Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 185,000 jobs, with estimates ranging from 151,000 to 225,000 jobs added.

Private payroll gains in the month earlier were revised up to 191,000 from an originally reported 158,000 increase.

The report is jointly developed with Moody's Analytics.

The ADP figures come ahead of the U.S. Labor Department's more comprehensive non-farm payrolls report on Friday, which includes both public and private-sector employment.

Read more: https://www.reuters.com/article/us-usa-economy-adp-idUSKBN1AI1LI

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Edited to use a more informative link. I was at home this morning, and my link to the internet is way too slow to load much more than text. The original link was to ADP itself.

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ADP National Employment Report: Private Sector Employment Increased by 178,000 Jobs in July

Earlier this morning I had said that this month's number was "more than June, less than May, just about like April." The June number, though, was revised up, a lot, from 158,000 to 191,000.

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