WASHINGTON (Dow Jones) – Employment in the private economic sector in the U.S. in June rose less than expected. As the labor market service provider Automatic Data Processing Inc (ADP ) on Wednesday reported were compared to May , only 13,000 jobs created. ( Reuters photo 🙂
Economists had expected a rise of 60,000. For the previous month was revised to detail a plus of 57,000 ( provisional: designated plus 55,000) jobs.
The ADP report is based on approximately 430 000 U.S. companies , with approximately 24 million employees and is based on the methodology of the Bureau of Labor Statistics (BLS ) indicates which publishes the official jobs report – including the public employment – for the U.S.. Some time ago, ADP had introduced methodological changes to ensure greater compliance with the methodology of the BLS.
The ADP National Employment Report is published each month and before publication of the BLS data on employment outside of agriculture. He should therefore shed light on the early development of the U.S. labor market.
The labor market report, the BLS will be released on Friday. Here economists surveyed by Dow Jones Newswires expected a decline of 110,000 jobs outside agriculture , the unemployment they see at 9.8 %. In May, job growth had amounted to 431,000 .
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