FOREX TradingCharts.com

Financial News: U.S. Private Sector Employment Climbs By 177,000 Jobs

U.S. Private Sector Employment Climbs By 177,000 Jobs In June

07/05/2018 - 09:14:00 (RTTNews)

(RTTNews) - Private sector employment in the U.S. increased by less than expected in the month of June, according to a report released by payroll processor ADP on Thursday.

ADP said private sector employment climbed by 177,000 jobs in June after jumping by an upwardly revised 189,000 jobs in May.

Economists had expected employment to rise by about 190,000 jobs compared to the addition of 178,000 jobs originally reported for the previous month.

"Business' number one problem is finding qualified workers," said Mark Zandi, chief economist of Moody's Analytics.

"At the current pace of job growth, if sustained, this problem is set to get much worse," he added. "These labor shortages will only intensify across all industries and company sizes."

The report showed a notable increase in healthcare employment as well as a significant rebound in jobs in the trade sector.

Employment at medium and large business climbed by 80,000 jobs and 69,000 jobs, respectively, while employment at small businesses edged up by 29,000 jobs.

On Friday, the Labor Department is scheduled to release its report on employment in the month of June, which includes both private and public sector jobs.

Employment is expected to increase by 195,000 jobs in June, while the unemployment rate is expected to hold at 3.8 percent.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


BRAZIL: DI Rates Trade Lower Amid Signs Of Centrist Support To Alckmin (11 min(s), 10 sec(s) ago)
(RTTNews) - The one-day interbank deposit futures rates (DI rates) in Brazil traded lower Friday a ...Full Story»

BRAZIL: Government Cuts 2018 GDP Growth Projection To 1.6%, From 2.5% (12 min(s), 10 sec(s) ago)
(RTTNews) - The Brazilian government revised the expectation of growth of the Gross Domestic Produ ...Full Story»

BRAZIL: 661 Jobs Were Closed In June (13 min(s), 10 sec(s) ago)
(RTTNews) - Brazil recorded a net loss of 661 jobs in June, resulting in 1,167,531 admissions and ...Full Story»

TIM BRAZIL: Net Profit Rises 53% In The 2Q18, To R$ 335 Million (04 min(s), 10 sec(s) ago)
(RTTNews) - TIM Brazil's net profit grew 53% in the second quarter from a year before, to R$ 3 ...Full Story»

BRAZIL: IPCA-15 Rises 4.53% In 12 Months To July (estimates +4.61%) (57 min(s), 10 sec(s) ago)
(RTTNews) - The preliminary official consumer price inflation index in Brazil (IPCA-15) lost stren ...Full Story»

EMBRAER: Company Delivers 48 Aircraft In 2Q18, 11 Less Than In 2Q17 (54 min(s), 10 sec(s) ago)
(RTTNews) - Brazil's Embraer delivered 48 aircraft in the second quarter of 2017 (28 commercia ...Full Story»

A (52 min(s), 10 sec(s) ago)
(RTTNews) - a For comments and feedback: contact editorial@rttnews. ...Full Story»

TIM: Net Income Grows 53% In 2Q18, To R$ 335 Million (47 min(s), 10 sec(s) ago)
(RTTNews) - Brazil's TIM Participalles' net income increased 53.2% in the second quarter c ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

BRAZIL: 661 Jobs Were Closed In June

07/21/2018 - 09:00 AM (RTTNews)
(RTTNews) - Brazil recorded a net loss of 661 jobs in June, resulting in 1,167,531 admissions and ...Full Story>>

BRAZIL: Government Cuts 2018 GDP Growth Projection To 1.6%, From 2.5%

07/21/2018 - 08:59 AM (RTTNews)
(RTTNews) - The Brazilian government revised the expectation of growth of the Gross Domestic Produ ...Full Story>>

BRAZIL: DI Rates Trade Lower Amid Signs Of Centrist Support To Alckmin

07/21/2018 - 08:58 AM (RTTNews)
(RTTNews) - The one-day interbank deposit futures rates (DI rates) in Brazil traded lower Friday a ...Full Story>>

TIM BRAZIL: Net Profit Rises 53% In The 2Q18, To R$ 335 Million

07/21/2018 - 08:51 AM (RTTNews)
(RTTNews) - TIM Brazil's net profit grew 53% in the second quarter from a year before, to R$ 3 ...Full Story>>

BRAZIL: IPCA-15 Rises 4.53% In 12 Months To July (estimates +4.61%)

07/21/2018 - 08:44 AM (RTTNews)
(RTTNews) - The preliminary official consumer price inflation index in Brazil (IPCA-15) lost stren ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.