Economics

U.S. Companies Added 102,000 Workers in June, ADP Data Show

Photographer: David Paul Morris/Bloomberg
Lock
This article is for subscribers only.

Hiring at U.S. companies rebounded less than forecast in June, according to a private report that may signal tepid payroll growth ahead of the government’s monthly jobs report Friday.

Private payrolls increased by 102,000 after an upwardly revised 41,000 in May, according to ADP Research Institute data released Wednesday. That fell below almost all estimates in a Bloomberg survey of economists that had called for 140,000 jobs.