US economy added 176000 jobs in June

WASHINGTON: A private survey shows U.S. businesses increased hiring in June, suggesting the job market could be recovering after three sluggish months.

Payroll provider ADP says businesses added 176,000 jobs last month. That's better than the revised total of 136,000 jobs it reported for May.

The report only covers hiring in the private sector and excludes government job growth. The Labor Department will offer a more complete picture of June hiring on Friday.

The ADP survey offered some hope that hiring is picking up. But it has often deviated sharply from the government report. In May, the Labor Department said employers added just 69,000 jobs, the fewest in a year and nearly half ADP's estimate.

Source: http://economictimes.feedsportal.com/fy/8av2Fvy0bVkzi2h2/story01.htm

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