U.S. Private Sector Continues to Add Jobs at Healthy Pace

July 3, 2013 8:21 AM EDT Send to a Friend
The ADP National Employment Report showed that the U.S. private sector added 188,000 jobs in June, which was above the 160,000 additions economists were expecting. May's job gains were revised downward to 134,000 from 135,000.

Data showed small businesses added 84,000 jobs in the June, medium businesses added 55,000 and large businesses added 49,000.

The goods producing sector added 27,000, while the service providing sector added 161,000.

The construction industry added 21,000 jobs, manufacturing 1,000, Trade/transportation/utilities 43,000, financial activities 13,000, professional/business services 40,000.

Mark Zandi, chief economist of Moody's Analytics, said, "The job market continues to gracefully navigate through the strongly blowing fiscal headwinds. Health Care Reform does not appear to be significantly hampering job growth, at least not so far. Job gains are broad based across industries and businesses of all sizes."

Friday's all-important non-farm payroll report from the U.S. government is expected to show a gain of 165,000 jobs.


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