MW:U.S. July private-sector jobs rise by 114,000: ADP
By MarketWatch
WASHINGTON (MarketWatch) - Private-sector payrolls increased by a tepid 114,000 in July, according to the ADP employment report released Wednesday. Economists surveyed by MarketWatch were predicting the ADP figure would rise by 85,000 in July after a downwardly revised 145,000 gain in June. The ADP report covers only private-sector employment, and not government jobs. On Friday, the Bureau of Labor Statistics will report the official jobs numbers for July, which will include both private-sector and public-sector workers. Economists surveyed by MarketWatch are looking for a gain of 75,000 in total employment in July, with the unemployment rate remaining at 9.2%.
