The nonfarm private sector added 176,000 jobs in June, according to the ADP National Employment Report released this morning. This represents an acceleration from May’s upwardly revised 136,000 jobs (initially reported at 133,000 jobs). June’s employment growth is above the 6-month average of 173,000 jobs created.
Job creation continues to be driven primarily by the services sector, which added 160,000 jobs in June. The goods producing sector showed increased employment growth in June, adding 16,000 jobs, compared to growth of 1,000 in May. Also in the goods producing sector, a two-month downward trend in manufacturing was reversed with an addition of 4,000 jobs in June.