Private sector employment increased by 178,000 jobs from June to July according to the July ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute® in collaboration with Moody’s Analytics. 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. “Job gains continued to be strong in the month of July,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “However, as the labor ... (full story)

Companies added 178,000 jobs in July on a surge in service-related occupations and despite a decrease in manufacturing jobs, according to a report Wednesday from ADP and Moody's Analytics. The number was just shy of Wall Street expectations of 185,000. As the economy inches closer to full employment, the report showed that job growth continues but is slowing somewhat. The July count was the second-lowest of 2017. "The American job machine continues to operate in high gear," Mark Zandi, chief economist at Moody's Analytics, said in a statement. "Job gains are broad-based across industries and company sizes, with ... (full story)