Afford Anything · Friday, July 3, 2026
Hiring in June was predominantly driven by small firms, with companies employing fewer than 50 employees adding 53,000 positions, outperforming mid-sized and large companies. This marks a reversal from six months prior when large companies were the primary job creators.
“One notable detail that was pretty interesting about the ADP report was that hiring was heavily tilted towards small firms, defined as companies with fewer than 50 employees.”
“That sector added 53,000 positions and outperformed both mid-sized and large companies.”
“Six months ago, it was the large companies that were doing most of the hiring, and the small ones were lagging behind. Now, that storyline has flipped.”