Private sector employers added 218,000 jobs in July in a further sign of the rebounding economy, although the pace of job growth slackened from last month, according to the latest national employment report from payroll giant ADP.
The gains were widespread across company sizes and industries, although somewhat less than in June (see ADP Finds Private Sector Added 281,000 Jobs in June). Small businesses with between one and 19 employees added 34,000 jobs, while those with between 20 and 49 employees gained 50,000 jobs in July. Midsize businesses with between 50 and 499 employees added 92,000 positions. Large businesses with between 500 and 999 employees added 14,000 jobs, while larger companies with 1,000 employees or more gained 27,000.
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