Thursday, July 5, 2012

June private sector employment up higher than expected

ROSELAND, N.J. – July 5, 2012 – Private-sector employment increased by 176,000 from May to June on a seasonally adjusted basis, according to the latest ADP National Employment Report® released today. The ADP National Employment Report, created by Automatic Data Processing, Inc. (ADP®), in partnership with Macroeconomic Advisers, LLC, is derived from actual payroll data and measures the change in total nonfarm private employment each month. The estimated gain from April to May was revised up slightly, from the initial estimate of 133,000 to a revised estimate of 136,000.

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