U.S. Private Sector Adds More Jobs Than Expected in June

U.S. private employers added 176,000 jobs in June, topping economists' expectations, a report by a payrolls processor showed on Thursday.

Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 105,000 jobs. May's figures were revised up slightly to an increase of 136,000 jobs from the previously reported 133,000.

The report is jointly developed with Macroeconomic Advisers LLC.