ADP says 156,000 private-sector jobs added created in July

The numbers: The nation’s businesses created 156,000 private-sector jobs in July, payroll processor ADP said Wednesday, showing that companies are still willing to hire despite stiffer headwinds for the economy such as the ongoing trade spat with China. Economists polled by Econoday had forecast a gain of 155,000. Some 112,000 private-sector jobs were added in June, according to revised figures. […]

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What Economists Are Saying Ahead of the June U.S. Jobs Report

Economists expect Friday’s U.S. payrolls data — a critical input for Federal Reserve officials meeting at the end of July — will show job growth recovered to a pace consistent with a still-strong labor market, albeit not as robust as last year. Nonfarm employment probably increased by 160,000 in June, according to the Bloomberg survey median projection, an acceleration from […]

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Job creation has another rough month in June as private payrolls rise by just 102,000

Private payrolls rose 102,000 in June, missing Wall Street expectations of 135,000, according to a report Wednesday from ADP and Moody's Analytics. The number sets the stage for another possible disappointment from Friday's nonfarm payrolls report, which is expected to show growth of 165,000 after May's lackluster 75,000. Small businesses lost 23,000 for the month as construction and mining suffered […]

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The economy is not on thin ice, but another poor jobs report will amp up the anxiety

The U.S. is not stumbling toward recession, but another poor jobs report could trigger a chain reaction on Wall Street and in Washington that reshapes how Americans view the economy. The government on Friday is expected to report the U.S. created a healthy 169,000 new jobs in June, according to a MarketWatch survey of economists. The unemployment rate is likely […]

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