July 31, 2019 / 12:32 PM / 4 months ago

U.S. private sector adds 156,000 jobs in July: ADP

(Reuters) - U.S. private employers added 156,000 jobs in July, above economists’ expectations and supporting the view of a firm domestic labor market, a report by a payrolls processor showed on Wednesday.

Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 150,000 jobs, with estimates ranging from 100,000 to 185,000.

Private payroll gains in the month earlier were revised up to 112,000 from an originally reported 102,000 increase.

The report is jointly developed with Moody’s Analytics.

The ADP figures come ahead of the U.S. Labor Department’s more comprehensive non-farm payrolls report on Friday, which includes both public and private-sector employment.

Economists polled by Reuters are looking for U.S. private payroll employment to have grown by 160,000 jobs in July, down from 191,000 the month before. Total non-farm employment is expected to have changed by 164,000.

The unemployment rate is forecast to stay steady at the 3.7% recorded a month earlier.

Reporting by Richard Leong

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