US added nearly 2.4 million workers to private sector payrolls in June: ADP

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US added nearly 2.4 million workers to private sector payrolls in June: ADP
By Sylvan Lane - 07/01/20 08:55 AM EDT

U.S. private-sector businesses added nearly 2.4 million workers in June, according to the monthly employment report from the ADP Research Institute and Moody’s Analytics released Wednesday.

Nonfarm private sector businesses added 2,369,000 workers to payrolls in June, according to the report, almost 1.9 million of which were at service-sector businesses shuttered by the pandemic throughout Spring.

“It looks like an economic recovery began in June,” said Mark Zandi, chief economist at Moody’s Analytics, in a Wednesday call with reporters. “This reflects rehiring of workers in industries hard hit by the pandemic, including the leisure and hospitality industry, retail, healthcare, construction, and manufacturing.”


The leisure and hospitality industry led all other sectors with a gain of 961,000 jobs, followed by construction (394,000), trade and utilities (288,000) and education and health (283,000).

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https://thehill.com/policy/finance/505384-us-added-nearly-24-million-workers-to-private-sector-payrolls-in-june-adp