Private payrolls rose by 98,000 in June, less than expected, ADP reports

Source: CNBC

Published Wed, Jul 1 20268:15 AM EDT


Companies added slightly fewer workers than expected in June, with hiring targeted heavily toward healthcare-related sectors, ADP reported Wednesday.

Private sector employment grew by a seasonally adjusted 98,000 for the month, down from an unrevised 122,000 in May and a bit below the Dow Jones consensus forecast for 110,000, the payrolls processing firm reported.

The ADP report serves as a precursor to the more widely watched nonfarm payrolls count due Thursday from the Bureau of Labor Statistics. ADP’s count in recent months has generally undershot the official government report, which has shown mostly solid job creation this year.

Nearly half the growth in June — 48,000 — came from the education and health services sector, a consistent leader for payroll growth. All but 2,000 of the new jobs came from services.

Read more: https://www.cnbc.com/2026/07/01/private-payrolls-rose-by-98000-in-june-less-than-expected-adp-reports.html

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This is the 3rd party ADP's report. The Labor Department Unemployment rate comes out Thursday (a day earlier since July 4 is being celebrated on the Friday the 3rd).