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ADP: U.S. Added Nearly 2.4 Million Private-Sector Jobs in June

Submitted by jhartgen@abi.org on

Payroll services firm ADP reported that private payrolls expanded in June as pandemic stay-at-home orders lifted and employees returned to work, rebounding from a troubling drop in May, the Washington Post reported. The nation’s private employers expanded by more than 2.37 million positions in June, according to ADP. It also revised its May figures to show a net gain of 3.1 million jobs instead of the loss of 2.76 million reported last month. Still, the gains are tenuous — stores, restaurants and other businesses that were allowed to reopen weeks ago are shutting down as coronavirus infections spike, leading to new layoffs. California, Florida and Texas have implemented new policies that partly restrict restaurant or bar service, and at least nine other states have postponed or slowed reopening plans. The monthly ADP report, produced in collaboration with Moody’s Analytics, noted that small businesses (those with fewer than 50 employees) added 937,000 jobs. Franchises saw a 4,500-job increase, with growth at restaurants, auto dealers and parts sellers and declines in food retailers, business services, accommodations and real estate.

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