Afford Anything · Friday, July 3, 2026
The ADP report indicated private sector payrolls increased by 98,000 jobs in June, also falling short of consensus forecasts. This represents a decrease from May's 122,000 jobs, highlighting a trend of slower growth in the private sector.
“The ADP report showed that private sector payrolls increased by 98,000 jobs.”
“Now that also fell short of the consensus economic forecast, which was roughly 110 to 120,000 jobs.”
“The ADP report in particular was notable for the decrease between May and June. There were 122,000 private jobs added in May, only 98,000 in June. It's still growth on both fronts, but slower growth.”