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US private payrolls rise 44,000 in July: ADP

Private payrolls grew by 44,000 in July, the smallest increase in six months, according to ADP data released Wednesday.

Updated last month7 new reports, including Fox News, The Guardian, TIME and 3 more.

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باختصار

Private payrolls in the US rose by 44,000 in July, the smallest increase in six months. The figure fell short of expectations and followed a revised gain of 95,000 in June.

Private payrolls in the US increased by 44,000 in July, according to ADP data.1,2,3,4 The July gain was the smallest increase in six months.2,3 June's private payrolls growth was revised to 95,000 from an earlier estimate.3

The July figure fell short of expectations, according to reports.1,3,4 Most of the job growth in July came from the health care sector.1 People who switched jobs saw the largest increase in a year, according to UPI.4

لماذا يهم

  • ADP is a payroll processing company that releases monthly employment reports based on its client data.1,2,3

  • Private payrolls refer to jobs added by companies outside of government employment.1,2,3

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