Survey: Businesses added 156,000 jobs in July
Posted July 31, 2019 7:00 am
WASHINGTON (AP) - U.S. companies added a healthy 156,000 jobs in July with larger firms accounted for most of the gains, a private survey found.
Payroll processor ADP said Wednesday that there was solid hiring in the construction, transportation, health care and leisure and hospitality sectors. But smaller companies are struggling to find talent after years of robust job growth. Businesses that have fewer than 20 employees shed workers.
The ADP's figures don't include government hiring and frequently diverge from the government's official report, which is scheduled to be released Friday. Economists expect that report will how the addition of 163,000 jobs, while the unemployment rate holds at 3.7%.
FILE - In this June 21, 2019, file photo a now hiring sign is displayed to attract potential workers at a McDonald's restaurant in Moss Point, Miss. On Wednesday, July 31, payroll processor ADP reports on how many jobs its survey estimates U.S. companies added in July. (AP Photo/Rogelio V. Solis, File)
The Associated Press