Private payrolls rose by 98,000 in June, less than expected, ADP reports
US private payrolls grew by 98,000 in June, falling short of expectations according to the latest ADP National Employment Report.
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The brief
Private sector employment increased by 98,000 jobs in June. According to the ADP National Employment Report, annual pay rose by 4.4% during this period.
Coverage from Bloomberg, CNBC, and Yahoo Finance emphasizes that the job growth was lower than expected. KITCO reports that gold traded near session highs following the release of this data.
Future updates will depend on the specific figures provided in subsequent employment reports and continued movements in gold trading prices.
Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 1h ago.
Quick answers
How many private jobs were added in June?
Private employers added 98,000 jobs.
What was the change in annual pay?
Annual pay increased by 4.4%.
How did the job growth compare to expectations?
According to CNBC and Yahoo Finance, the number of jobs added was less than expected.
Coverage (5)
- US Companies Added 98,000 Jobs in June, ADP Data Show Bloomberg.com · 4h ago
- Gold trades near session highs after ADP says net 98K jobs were added in June KITCO · 4h ago
- ADP National Employment Report: Private Sector Employment Increased by 98,000 Jobs in June; Annual Pay was Up 4.4% PR Newswire · 4h ago
- Private employers added 98,000 jobs in June, fewer than expected Yahoo Finance · 4h ago
- Private payrolls rose by 98,000 in June, less than expected, ADP reports CNBC · 4h ago broke it first
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