Independent Strategy

Tags: Claims

Another weak ADP private sector jobs report with just 102.2k jobs created in June.  That marks an improvement following the very weak May release but still drags the 3m average down to 132.7k, the lowest since July 2012.  The ADP breakdown bears out the problems of the construction sector, with a second consecutive month of declines while small businesses also showed another contraction in jobs.

In the Media