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U.S. private sector adds 158,000 jobs in June: ADP

Published 07/06/2017, 08:16 AM
© Reuters. U.S. private sector adds 158,000 jobs in June: ADP

Investing.com - U.S. private employers added 158,000 jobs in June, well below economists' expectations, a report by a payrolls processor ADP showed on Thursday.

Economists had expected the ADP nonfarm payrolls report to show a gain of 185,000 jobs.

Private sector jobs gains for May were revised down to 230,000 from an originally reported 253,000 increase.

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.

Economists are expecting total nonfarm payroll employment to have grown by 179,000 jobs in June, up from 138,000 the month before. Private non-farm employment is expected to have risen by 172,000.

The unemployment rate is forecast to remain unchanged at 4.3%.

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