June private sector jobs rose by 172,000 vs 159,000 expected: ADP

July 7, 2016 12:15 PM

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June private sector jobs rose by 172,000 vs 159,000 expected: ADP

Employment in the private sector rose more than expected in June, led by gains in small-business jobs, according to a report Thursday from ADP and Moody's.

"Job growth revived last month from its spring slump. Job growth remains healthy except in the energy and trade-sensitive manufacturing sectors. Large multinationals are struggling a bit, and Brexit won't help, but small- and mid-sized companies continue to add strongly to payrolls," Mark Zandi, chi...

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