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.

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