Payroll Report: 200,000 Jobs Added In July

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NEW YORK (CNNMoney) — Private sector hiring is on the upswing.

Private firms added 200,000 jobs in July, according to a report Wednesday from the payroll processing firm ADP. That’s up slightly from an additional 198,000 jobs in June.

Economists surveyed by Briefing.com were looking for a gain of 175,000 jobs.

Small businesses continued to lead the way in hiring, adding 82,000 jobs in July.

By Industry, professional and businesses services had the largest gain, adding 49,000 positions. Trade, transportation and utilities added 45,000 jobs, and construction added 22,000. The manufacturing sector lost 5,000 jobs.

Wednesday’s private sector jobs report is considered a preview of the government’s broader jobs report, out Friday. Economists surveyed by CNNMoney are expecting a gain of 180,000 jobs.

The economy has added around 200,000 jobs a month now for the past several months — a rate of growth that’s good, but not big enough to make a significant dent in the unemployment rate.

The government’s next unemployment report is due out on Friday.

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