Private survey: Economy added 176K jobs in June
WASHINGTON (AP) - A private survey shows U.S. businesses increased hiring in June, suggesting the job market could be recovering after three sluggish months.
Payroll provider ADP says businesses added 176,000 jobs last month. That's better than the revised total of 136,000 jobs it reported for May.
The report only covers hiring in the private sector and excludes government job growth. The Labor Department will offer a more complete picture of June hiring on Friday.
The ADP survey offered some hope that hiring is picking up. But it has often deviated sharply from the government report. In May, the Labor Department said employers added just 69,000 jobs, the fewest in a year and nearly half ADP's estimate.
Popular on MoneyWatch
- Amy's Baking Company could face legal 'nightmare'
- Reverse cell phone lookup service is free and simple
- Forbes names most powerful women 2013 10 Photos
- Student loan defaults rising despite a way out
- Rent the cake? Unusual tips to cut your wedding bill
- GM recalling 27K Cadillac SUVs; Regulators: Wheels can fall off
- Top 10 professional life coaching myths
- Amy's Baking Company: Post-meltdown PR campaign
1 Comments Add a Comment
- linkicon reporticon emailicon
- If this number even includes seasonal summer hires, it's a deceiving number, since temporary hires are initially counted going in, but when the jobs are phased out, they're not counted as going out...another anomaly to the misleading job report...same thing happened for the holiday season temp hires...still, the numbers aren't that great...we've lowered our expectations and have been conditioned into thinking any growth, even miniscule, is worth celebrating...it's not...
- reply
