ADP National Employment Report (07/30/14)
Private sector employment increased by 218,000 jobs from June to July, according to the July ADP National Employment Report. Goods-producing employment rose by 16,000 jobs in July, down from 43,000 jobs gained in June. The construction industry added 12,000 jobs over the month, less than half of the gain seen in June. Meanwhile, manufacturing added 3,000 jobs in July, less than one-third the number of jobs added in June.
Service-providing employment rose by 202,000 jobs in July, down from 238,000 in June. Professional and business services contributed 61,000 jobs in July, down from 79,000 in June. Expansion in trade, transportation, and utilities grew by 52,000, down slightly from June’s 56,000.
“Although down from June, the July jobs number marks the fourth straight month of employment gains above 200,000,” says Carlos Rodriguez, president and chief executive officer of ADP.
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