330,000 new small non-agricultural jobs in the United States in July are much lower than the previous value and halved than expected | Anue Ju Heng-US Stocks

On Wednesday (4th), the US ADP employment data, known as “small non-agricultural”, was released. In July, the private sector created 330,000 new jobs, a sharp decline from June and a halving of market expectations, showing the strength of employment growth. Slow down.

The report shows that in July, ADP added 330,000 new jobs, which was lower than the expected 675,000. The previous value was revised down from 692,000 to 680,000.

Observing the performance of the industry, although the employment performance of the service sector continues to expand, its strength has slowed significantly compared with June, with 318,000 new jobs created, of which 139,000 were added in the leisure and hospitality industry, and 64,000 in education and health services. , Professional and business services increased by 54,000, and trade, transportation and public utilities increased by 36,000.

There were only 12,000 new jobs in the commodity production sector, 8,000 in the manufacturing industry, 3,000 in natural resources and mining, and only 1,000 in the construction industry.

(Continuous update…)