Breitbart
Private sector payrolls grew by 98,000 in June, capping the best three-month stretch for hiring in over a year, data from payroll processor ADP showed Wednesday.
The engine of job growth in June was small businesses. Employers with fewer than 20 people on their payrolls added 38,000 workers. Small businesses with between 20 and 49 employees added 15,000. Those with 50 to 249 added 19,000. Companies with 250 to 499 employees added 10,000. Larger companies added 25,000.
Payroll growth fell short of expectations. Economists surveyed by Bloomberg News expected 120,000 jobs. In May, ADP estimated that payrolls grew by 122,000. The Department of Labor said private payrolls expanded by 120,000.
READ THE FULL STORY
