A man grabs his briefcase as he waits in line to speak with employers at the UJA-Federation Connect to Care job fair in New York, March 21, 2012. REUTERS/Shannon Stapleton

Private sector adds 163,000 jobs in July: ADP
Private sector adds 163,000 jobs in July: ADP
Posted : Wednesday, 01 August 2012 08:28AM

NEW YORK (Reuters) - Private employers added 163,000 jobs in July, topping economists' expectations, a report by a payrolls processor showed on Wednesday.

June's figure from the ADP National Employment Report was revised down slightly to 172,000 from the previously reported 176,000.

July's job gain came in above forecasts for 120,000 new jobs.

The report is jointly developed with Macroeconomic Advisers LLC.

(Reporting by Leah Schnurr; Editing by James Dalgleish)

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