• Survey: Small business hiring slowed in May

    11 days ago - By Chron

    WASHINGTON - Small businesses hired workers at a slower pace in June, the second straight month of weakening job gains despite an overall healthy economy.
    Payroll company ADP said Thursday it counted 29,000 new jobs at its customers with 49 or fewer employees. This marks a decline from small business job gains of 46,000 in May and 50,000 in April. So far this year, small businesses have been creating on average 46,000 jobs a month.
    ADP reported that overall private employers added 177,00 jobs last month, a slight drop-off from the average this year of 202,667 a month as companies say...
    Read more ...

     

  • ADP: Private Employment increased 177,000 in June

    11 days ago - By Calculated Risk

    From ADP:
    Private sector employment increased by 177,000 jobs from May to June according to the June ADP National Employment Report®.... The report, which is derived from ADP's actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.
    ...
    “The labor market continues to march towards full employment,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “Healthcare led job growth once again and trade rebounded nicely.”
    Mark Zandi, chief economist of Moody's Analytics, said, “Business' number one problem...
    Read more ...

     

  • Survey: US employers added 177,000 jobs in June

    11 days ago - By Chron

    WASHINGTON - A private survey shows that American businesses added 177,000 workers in June, a sign of health and resilience for the U.S. labor market and economy.
    Payroll processor ADP said Thursday that hiring was led by employers with more than 50 workers, with the education and health and the leisure and hospitality sectors reporting strong gains.
    The figures come one day before the government releases its monthly employment report. Economists have forecast that Friday's official report will show solid job growth of 195,000.
    ADP compiles hiring data from millions of companies that are...
    Read more ...