US Private Sector Job Growth Slows Significantly in July
US private sector employment saw a much slower-than-expected increase in July, with ADP reporting only 44,000 new jobs added. This figure marks the fewest new jobs in six months and indicates a choppy period for hiring.
The Story
Analyzing sources…
Source Diversity
Source Diversity
High (67/100)Sources
US Companies Added Fewer Jobs Than Expected in July: ADP
US private payrolls rose 44,000 in July after a revised 95,000 increase in the prior month as companies added fewer jobs than expected, according to ADP Research data out Wednesday. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
Read full article →Private companies added just 44,000 workers in July, below expectations, ADP reports
Hiring at private companies slowed considerably in July, with most of the job growth coming health care.
Read full article →ADP says businesses add the fewer new jobs in six months
ADP said U.S. businesses created just 44,000 new jobs in July — the smallest increase in six months — in another sign of a sluggish labor market in which hiring is unusually soft.
By Jeffry Bartash
Read full article →Private Sector Employment Slowed In July As Hiring Hits ‘Choppy’ Level
Small businesses had boosted the private sector’s hiring rate in recent months.
By Ty Roush, Forbes Staff
Read full article →Private sector jobs growth slows more than expected in July: ADP jobs report
Read full article →US Services Surveys Signal Rebound In Growth In July, But...
US Services Surveys Signal Rebound In Growth In July, But... Following the mixed picture from yesterday's Manufacturing surveys (ISM 4 year high, S&P Global 3 mo low driven by the bifurcated 'AI vs The Rest' economy), this morning's Services sector surveys were 'expected' to show the opposite (ISM down, S&P Global up) all in the face of fading hard data. S&P Global US Services PMI jumped from 51.2 (final June) to 53.6 (prelim July) to 54.6 (final July) - the highest since Oct...
By Tyler Durden
Read full article →
