Source: CNBC
“Private sector employment grew by a seasonally adjusted 98,000 for the month, down from 122,000 in May and a bit below the forecast for 110,000, ADP reported Wednesday. Nearly half the job creation in June — 48,000 — came from the education and health services sector, a consistent leader for payroll growth. All but 2,000 of the new jobs came from services. Annual pay gains for those staying in their jobs held steady at 4.4% while edging higher to 6.6% for job switchers.” (07/01/26)