Thursday, July 07, 2011

Report: 157,000 Jobs Added in June, More Than Double Estimates

The National Journal reports:
The economy added more than twice as many jobs in June as analysts expected, according to a private-sector employment report.
Private nonfarm payroll employment increased by 157,000 from May to June on a seasonally adjusted basis, up from a disappointing May gain of just 36,000, according to the latest ADP National Employment Report. Analysts had only expected payrolls to grow by about 70,000.
Good news.