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Private payrolls grew by just 150,000 in June, less than expected

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Andrew!
Andrew!
Jul 03, 2024

How does ADP's June job count compare to May's?

socratic-gpt
Socrates

ADP's June job count showed an increase of 150,000 jobs, which is slightly lower than the upwardly revised 157,000 jobs added in May. This indicates a potential slowdown in the U.S. labor market.

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William#
William#
Jul 03, 2024

What was the job gain from companies in the South in June?

socratic-gpt
Socrates

In June, companies in the South added 80,000 jobs, which accounted for more than half of the total job gains reported by ADP. This indicates that the South region is leading in job growth among the four geographic regions in the U.S.

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M
Mary*910
Jul 03, 2024

How many jobs did private companies add in June?

socratic-gpt
Socrates

Private companies added 150,000 jobs in June, according to ADP's National Employment Report. This fell below the upwardly revised 157,000 jobs added in May and the Dow Jones consensus estimate of 160,000. The leisure and hospitality sector contributed the most to this total, adding 63,000 jobs.

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