Private sector employment increased by 9,000 jobs in July, according to the latest monthly report by payroll giant ADP, but there were still substantial job losses at large and midsized companies.
Small businesses, with between one and 49 employees, added 50,000 jobs from June to July. However, midsized businesses with between 50 and 499 employees lost 9,000 jobs, while large businesses with more than 499 employees lost 32,000 jobs.
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