Released on August 5, 2020
The US added 167,000 private sector jobs in July compared to the previous month, but the growth was below the employment increases seen in May and June, according to the ADP National Employment Report.
ADP’s report had logged increases of 4.3 million jobs month-over-month in June and 3.3 million in May. Those months followed a decline of 19.4 million in April.
“The labor market recovery slowed in the month of July,” said Ahu Yildirmaz, VP and co-head of the ADP Research Institute. “We have seen the slowdown impact business across all sizes and sectors.”
Employment at medium-sized businesses fell by 25,000. However, large businesses added 129,000 jobs and small businesses added 63,000 jobs.
Here’s a breakdown of jobs added, and lost, by industry:
- Goods-producing, up 1,000
- Natural resources/mining, down 1,000
- Construction, down 8,000
- Manufacturing, up 1,000
- Services-providing, up 166,000
- Trade/transportation/utilities, up 41,000
- Information, down 3,000
- Financial activities, down 18,000
- Professional/business services, up 58,000
- Professional/technical services, up 8,000
- Management of companies/enterprises, up 1,000
- Administrative/support services, up 49,000
- Education/health services, up 46,000
- Healthcare/social assistance, up 40,000
- Education, up 7,000
- Leisure/hospitality, up 38,000
- Other services, up 3,000
Original author: Staffing Industry Analysts (SIA) | Daily News