Private company hiring bounced back with a 104,000 increase in July, ADP says
- Private sector hiring increased by 104,000 jobs in July, according to payroll processor ADP's report.
- This figure exceeded economists' expectations of 64,000 and reversed a revised loss of 23,000 jobs in June.
- Education and health services experienced a net loss of 38,000 positions, despite other sectors growing.
- ADP's chief economist Nela Richardson noted that the data reflects a 'healthy economy' fueled by optimism.
23 Articles
23 Articles
ADP Jobs Report Shows 104,000 Gain in July, Topping Forecasts
Private‑sector payrolls rose by 104,000 in July, according to data released on July 30 by human resources management company ADP, outpacing economist forecasts and marking a sharp rebound from June’s revised 23,000 decline. The ADP report comes two days before the closely watched Department of Labor’s nonfarm payrolls release and as the Federal Reserve weighs how much cooling is underway in the job market. The July jobs gain exceeded consensus e…


Private Hiring Jumps By 104,000 In July
Private sector hiring rebounded in July, with employers adding 104,000 jobs, according to data released Wednesday by payroll processor ADP. The figure surpassed economists’ expectations of 64,000 and reversed a revised June loss of 23,000 jobs. Though slower than last year’s pace, the July number signals continued resilience in the U.S. labor market. Private employers added 104,000 jobs in July, led by a resurgence in services. One exception was…
The U.S. private sector added 104,000 jobs in July, up from 23,000 the previous month, when jobs were lost for the first time since the pandemic, according to a report released…
ADP says businesses create 104,000 jobs in July as trade wars ease and businesses gain more confidence
Privately run businesses created 104,000 jobs in July after reducing employment in the prior month, ADP said, perhaps a sign that easing trade wars encouraged companies to hire more people.
Coverage Details
Bias Distribution
- 56% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium