Financial News: U.S. Private Sector Employment Increases Less Than Expecte

U.S. Private Sector Employment Increases Less Than Expected In June

07/01/2026 - 08:30:00 (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 Wednesday,

The report said private sector employment climbed by 98,000 jobs in June after jumping by 122,000 jobs in May. Economists had expected private sector employment to grow by 117,000 jobs.

ADP said the financial activities and information sectors were among the gainers, while the leisure and hospitality sectors delivered a sixth month of weak hiring.

"The pace of hiring is telling a story of both supply and demand," said ADP Chief Economist Dr. Nela Richardson. "We know it's taking people longer to find work, but there also are signs of labor supply constraints in certain industries. For now, the overall effect is a slowdown in job creation."

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Croatia Inflation Eases To 4-Month Low (50 min(s), 52 sec(s) ago)
(RTTNews) - Consumer price inflation in Croatia moderated further in June to the lowest level in f ...Full Story»

U.S. Private Sector Employment Increases Less Than Expected In June (01 hr(s), 05 min(s), 52 sec(s) ago)
(RTTNews) - Private sector employment in the U.S. increased by less than expected in the month of ...Full Story»

Japan Consumer Confidence Rises Slightly In June (01 hr(s), 35 min(s), 52 sec(s) ago)
(RTTNews) - Japan's consumer sentiment improved somewhat in May to the highest level in four m ...Full Story»

Sweden Manufacturing Growth Strongest Since January 2022 (02 hr(s), 04 min(s), 52 sec(s) ago)
(RTTNews) - Sweden's industrial economy expanded at the quickest pace in four-and-a-half years ...Full Story»

Swiss Retail Sales Growth Hits 11-month High (02 hr(s), 23 min(s), 52 sec(s) ago)
(RTTNews) - Swiss retail sales increased at the quickest pace in nearly a year in May, data from t ...Full Story»

UK Manufacturing Growth Softens (02 hr(s), 40 min(s), 52 sec(s) ago)
(RTTNews) - The upturn in the UK manufacturing softened in June amid slowing new order growth and ...Full Story»

Eurozone Manufacturing Activity Expands Moderately (03 hr(s), 09 min(s), 52 sec(s) ago)
(RTTNews) - The euro area manufacturing activity continued to grow in June as production expanded ...Full Story»

Russia Factory Activity Expands Slightly In June (03 hr(s), 51 min(s), 52 sec(s) ago)
(RTTNews) - Russia's factory activity logged a renewed growth in June as output rose at the qu ...Full Story»