ADP Report: 218,000 Jobs Added in July - East Idaho News
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ADP Report: 218,000 Jobs Added in July

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GETTY 73014 EmployApp?  SQUARESPACE CACHEVERSION=1406737629042iStock/Thinkstock(NEW YORK) — Private employers in the U.S. added more than 200,000 new jobs in July, the latest survey from ADP shows. This marks the fourth straight month of jobs added.

According to the payroll processor, 218,000 jobs were added last month — a slight decrease from June.

“As long as we’re clearing the 200,000 mark, we are back into an area where it looks like we’re finally adding some more jobs and it’s consistent with some of the consumer confidence numbers we’ve seen also that have been a little bit more bullish,” says Diane Swonk, chief economist for Mesirow Financial in Chicago.

On Friday, the Labor Department will release its monthly jobs report for July. Swonk says she thinks the government’s numbers will be even better.

“I think we’re actually going to see a lot more than 218,000 in the job numbers on Friday. We could see closer to 280,000,” she says.


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