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Economic Report: ADP: U.S. adds modest 102,000 private-sector jobs in June

Bloomberg News/Landov
People scour the job board looking for employment in Denver.

The numbers: The U.S. created a seasonally adjusted 102,000 private-sector jobs in June, payrolls processor ADP said Wednesday, up from a revised 41,000 in May.

Economists polled by Econoday expected 140,000 new jobs. May’s numbers were revised higher by 14,000.

The gain was well below the average of average 211,000 jobs created in the three months ending in April.

What happened: Large businesses led the growth in June, adding 65,000 jobs. Small businesses are struggling, losing 23,000 jobs.

By sector, education and health added 55,000 jobs. Professional and business added 32,000 jobs.

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