Arab Today, arab today us private sector job growth slows in july
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

US private sector job growth slows in July

Arab Today, arab today

Arab Today, arab today US private sector job growth slows in July

Private sector job
Washington - XINHUA

The U.S. private sector job growth slowed down in July but remained at a healthy pace, said a private survey released Wednesday.
U.S. private companies added 218,000 jobs in July, down from 281,000 jobs in the previous month, said the National Employment Report released jointly by Automatic Data Processing (ADP) and Moody's Analytics, based on a monthly survey. That marked the fourth straight month of job growth above 200,000, a healthy pace that is enough to reduce the unemployment rate.
"The July employment gain was softer than June, but remains consistent with a steadily improving job market," said Mark Zandi, chief economist of Moody's Analytics, adding that the economy will return to full employment by late 2016 if current trends continue.
In July, small and medium-sized businesses accounted for most of the employment gains, adding 176,000 jobs, while large businesses with over 500 employees added 41,000 jobs, according to the report.
Employment in the service sector rose by 202,000 jobs in July, down from 238,000 in June. Meanwhile, the construction sector added 12,000 jobs and the manufacturing sector gained 3,000 jobs.
The ADP survey studied data from private businesses with more than 23 million workers on payrolls but excludes government job growth. The Labor Department will release its jobs report for July on Friday.
In June, the U.S. economy added 288,000 jobs and the unemployment rate declined to 6.1 percent, the lowest level since September 2008.
A separate government report showed Wednesday that the U.S. economy grew at an annual rate of 4.0 percent in the second quarter after shrinking 2.1 percent in the first three months this year.
The figure confirmed economists' view that the world's largest economy would strongly bounce back after the severe winter weather ended.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us private sector job growth slows in july Arab Today, arab today us private sector job growth slows in july

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us private sector job growth slows in july Arab Today, arab today us private sector job growth slows in july

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday