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Thursday
Jul072011

ADP Report: 157,000 Private Sector Jobs Added in June

Creatas Images/Thinkstock(NEW YORK) -- Private sector employment jumped some 157,000 jobs last month, according to the ADP employment report released Thursday.

The increase is more than double the predicted 70,000 positions, and is expected to help Wall Street's trading. In the report's breakdown, the service sector gained 130,000 jobs, while the slowing manufacturing sector added 24,000 jobs.

The figures are a major improvement from the employment picture in May, in which reportedly just 36,000 jobs were added.

Copyright 2011 ABC News Radio

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