Barrons.com According to ADP, employers in the United States added 692,000 jobs in June. According to the ADP National Economic Report released on Wednesday, the gain is still less than the 886,000 workers added in May, which was corrected from an earlier estimate of 978,000. According to economists polled by the Journal, the U.S. Labor Department is expected to release a solid June employment report on Friday, with nonfarm payrolls expected to rise by 706,000 and the unemployment rate falling to 5.6 percent. The ADP data showed significant job growth in the service sector, with 332,000 new jobs in leisure and hospitality, 123,000 in education and health services, and 62,000 in commerce and transportation./n
Read More
