Wednesday, August 3, 2011
US private sector added 114,000 jobs in July
US private employers added more jobs than expected in July, though less than in June, but planned layoffs rose to a 16-month high, according to separate surveys released today.
The data comes ahead of the US government's key jobs report on Friday, which is forecast to show the pace of job creation accelerated last month. The economy is expected to have gained 85,000 jobs, not enough to push the unemployment rate below its current 9.2 percent.
US private employers added 114,000 jobs in July, topping economists' expectations, a report by a payrolls processor ADP showed today.
A separate report showed the number of planned layoffs at US firms rose to a 16-month high in July as sectors which had been seeing fairly few layoffs unexpectedly bled jobs.Employers announced 66,414 planned job cuts last month, up 60.3 percent from 41,432 in June, according to a report from consultants Challenger, Gray & Christmas, Inc.
COMMENTS >
Director: Orlando Mario Vignatti - Edition No. 3676 - This publication is a property of NEFIR S.A. - Issn 1852 - 9224 - Te. 4349-1500 - Paseo Colón 1196, (C1063ACY) CABA