Private company hiring bounced back with a 104,000 increase in July, ADP says

ADP Jobs Report Shows 104,000 Gain in July, Topping Forecasts

Private‑sector payrolls rose by 104,000 in July, according to data released on July 30 by human resources management company ADP, outpacing economist forecasts and marking a sharp rebound from June’s revised 23,000 decline. The ADP report comes two days before the closely watched Department of Labor’s nonfarm payrolls release and as the Federal Reserve weighs how much cooling is underway in the job market. The July jobs gain exceeded consensus e…

Private Hiring Jumps By 104,000 In July

Private sector hiring rebounded in July, with employers adding 104,000 jobs, according to data released Wednesday by payroll processor ADP. The figure surpassed economists’ expectations of 64,000 and reversed a revised June loss of 23,000 jobs. Though slower than last year’s pace, the July number signals continued resilience in the U.S. labor market. Private employers added 104,000 jobs in July, led by a resurgence in services. One exception was…

Private company hiring bounced back with a 104,000 increase in July, ADP says

CNBC's Steve Liesman joins 'Squawk Box' to break down ADP's July private payroll data.

ADP says businesses create 104,000 jobs in July as trade wars ease and businesses gain more confidence

Privately run businesses created 104,000 jobs in July after reducing employment in the prior month, ADP said, perhaps a sign that easing trade wars encouraged companies to hire more people.