Private sector employment increased by 188,000 jobs from May to June, according to payroll giant ADP, providing further evidence that the economy is slowly recovering despite payroll tax increases and government spending cuts.
Most of the gains came in the service sector, where employers added 161,000 jobs, while the goods-producing sector increased by 27,000 jobs. ADP also revised downward slightly its May employment numbers from 135,000 to 134,000 jobs added (see ADP Finds Private Sector Added 135,000 Jobs in May).
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access