The non-farm private sector added 219,000 jobs in July, according to the ADP National Employment Report. This followed an upwardly revised 181,000 job increase in June.
Small businesses with fewer than 50 employees gained 52,000 jobs. Medium-sized businesses with 50-499 employees created 119,000, while large businesses added 48,000 jobs.
“The labor market is on a roll with no signs of a slowdown in sight,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “Nearly every industry posted strong gains and small business hiring picked up.”
Service-providing employment rose by 177,000 jobs, driven by the education and health services sector, which added 48,000. The professional and business services sector had a robust report, adding 47,000 jobs. Goods-producing employment grew by 42,000 jobs. The manufacturing industry gained 23,000, while the construction sector created 17,000 jobs.
Read the ADP report.
