Private Sector Adds More Jobs Than Expected in July
U.S. private employers added 114,000 jobs in July, topping economists' expectations, a report by a payrolls processor showed Wednesday.
Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 100,000 jobs. June's private payrolls were revised down to an increase of 145,000 from the previously reported 157,000.
The report is jointly developed with Macroeconomic Advisers LLC.