There is finally some good news after a 3 month slope in the wrong direction. Private sector jobs, the jobs everyone agrees signals a real recovery is on the rise.
This has been crippled by both issues beyond the control of any politician as well as by bad political decisions. Surely many of the private sector jobs will be offset by the constant decline in public sector jobs which is an unnecessary and punitive politically driven anchor weight on the economic recovery. Not until the American voters decidedly tell our politicians the type of country they demand will a clear path to a recovery be realized. Hopefully after November the groundwork will be laid.
LIKE My Facebook Page
Follow @EgbertoWillies
ADP Survey: U.S. Economy Added 176K Jobs In June
WASHINGTON — A private survey shows U.S. businesses increased hiring in June, suggesting the job market could be recovering after three sluggish months.
Payroll provider ADP says businesses added 176,000 jobs last month. That’s better than the revised total of 136,000 jobs it reported for May.
The report only covers hiring in the private sector and excludes government job growth. The Labor Department will offer a more complete picture of June hiring on Friday.
The ADP survey offered some hope that hiring is picking up. But it has often deviated sharply from the government report. In May, the Labor Department said employers added just 69,000 jobs, the fewest in a year and nearly half ADP’s estimate.