U.S. hiring slowed dramatically in July as coronavirus cases surged, ADP report says - The Washington Post

The numbers reported Wednesday by ADP mark a significant departure from the more than 1 million jobs that some economists had predicted and a sharp falloff from hiring gains reported just a month prior, suggesting almost no sector of the U.S.

ADP on Wednesday also revised its numbers from June, finding employers added 4.3 million new jobs compared with the roughly 2.3 million the firm initially estimated.

Nearly all of the job gains in July came in service-providing sectors, ADP reported, including education, health, leisure and hospitality, as some states relaxed restrictions in the weeks before coronavirus infections again began to climb.

Across all industries, medium-size employers faced the greatest struggle, shedding roughly 25,000 jobs last month despite modest hiring gains by the smallest and largest companies.

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