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  • ADP Report: Private sector adds 157,000 jobs in June 2011

    07/07/2011 6:58:24 AM PDT · by SeekAndFind · 12 replies
    U.S. private employers added far more jobs than expected in June, bouncing back from a surprise slump the month before, a report by payrolls processor ADP showed on Thursday. The private sector added 157,000 jobs last month, exceeding expectations for a gain of 68,000, according to a Reuters survey of economists. May's figure was revised down to an increase of 36,000 from the previously reported 38,000, which had been an eight-month low. The ADP report is jointly developed with Macroeconomic Advisers LLC. The figures come ahead of the government's much more comprehensive labor market report on Friday, which includes both...