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In June, the private sector in the United States added 98,000 jobs, as reported by payroll processor ADP. This figure fell short of market expectations, which had forecasted an increase of 110,000 jobs. The healthcare sector saw the most significant growth, contributing 48,000 new positions.
Other sectors also experienced job growth. Trade, transportation, and utilities added 15,000 jobs, while financial activities saw an increase of 14,000 positions. The manufacturing sector contributed 5,000 new jobs, and the information sector added 7,000 positions.
The ADP National Employment Report, produced in collaboration with the Stanford Digital Economy Lab, offers an independent view of the private-sector labor market. It is based on anonymized payroll data from over 26 million U.S. employees.
Despite the overall growth, some sectors experienced declines. Natural resources and mining saw a reduction of 5,000 jobs. The report provides valuable insights into the U.S. labor market, helping business leaders, researchers, and policymakers make informed decisions.
For further details, you can access the full report on the ADP Employment Report website.