Employment in the private sector stateside rose more than expected in June, led by gains in small-business jobs, according to a report Thursday from ADP and Moody's.
Private-sector jobs in the U.S. grew by 172,000, while economists forecast a gain of 159,000. The May number was revised down to 168,000 from 173,000.
Small businesses, those with fewer than 50 employees, accounted for 95,000 of those jobs, up from 84,000 in May.
Medium-sized businesses, those with an employee count between 50 and 499, added 52,000 jobs, down from 60,000 in May, while larger businesses accounted for an extra 25,000.
However, ADP said construction jobs fell by 5,000 in June, offsetting a 9,000 gain from the previous month. Manufacturing shed 21,000 jobs last month, an acceleration in losses from May.
