Private companies added 330,000 jobs in July, according to ADP, far short of the 653,000 estimate

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Private companies added 330,000 jobs in July, according to payroll processing firm ADP, far short of the 653,000 estimate.

Job creation at private companies tumbled in July as fears mounted over the spreading coronavirus delta variant, payroll processing firm ADP reported Wednesday.

Goods-producing industries contribute just 12,000 to the total, with manufacturing up 8,000 while natural resources and mining gained and 3,000 and construction added just 1,000 new positions. Unlike ADP, the Labor Department’s count includes government jobs and is expected to show a total gain of 845,000 after June’s 850,000 increase.

 

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To say u have an estimate in uncharted waters is bullshit u cannot forecast in this situation u can only express the pluses and increases that point to an economy returning to normal it is bullshit to expect a certain number.

Maybe stop the income redistribution handouts, and we might see better job growth. 🤷‍♀️

But hey, the economy is booming right?! 🤷🏻‍♂️

Don't prolong the 'WORLDWIDE' pandemic: 1) Wear a double-mask for the foreseeable future or until we're all safely out of the woods. 2) Get vaccinated; it's better to be safe than sorry. 3) And, it's far from being over! But, when it's finally over you'll know. 4) Stay safe.

Damn.

But I thought people can't work because of covid which is why they can't pay their rent?

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