Private Jobs Jump, Jobless Claims Fall In June

Source: Joe Cox / NBC News

Private companies hired 188,000 new workers in June, considerably better than expectations, indicating the job market continues to heal slowly, according to a report from ADP.

The number combined with a steadying of weekly jobless claims at 343,000, which was below estimates of 350,000 and consistent with recent weeks.

Services again stoked the private-hiring number, with 161,000 new jobs compared to the goods-producing sector’s creation of 27,000 positions, the survey from ADP and Moody’s Analytics showed.

Economists polled by Reuters estimated the report on U.S. private sector job growth would show payroll growth of 160,000 jobs for June, compared to last month’s survey that showed 134,000.

To read this article in its entirety visit NBC News.