ADP: Businesses added 281000 jobs in June
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Private employers added 281,000 jobs in June, payroll processor ADP said Wednesday, raising hopes that a solid labor market surged further last month.
Economists had estimated ADP would report 205,000 payroll additions gains last month.
ADP's report generally reflects the same broad trends in hiring as the Labor Department's survey, which is due Friday and compiles net job additions from both governments and businesses. But the ADP report often differs noticeably from Labor's survey. Last month, ADP said businesses added 179,000 jobs, while Labor reported 216,000 private sector gains and 217,000 overall.
The economy added an average 231,000 jobs a month from February through May despite harsh winter weather that battered first- quarter growth and consumer spending that has slowed recently.
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