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ADP company data showed that employment in the U.S. private sector increased by 98,000 jobs in June, which is below the forecast of 110,000 jobs. Most of the new jobs were concentrated in the healthcare and education sectors. Meanwhile, other sectors such as retail, transportation, and financial services added jobs, while the natural resources and mining sector declined by 5,000 jobs. The entertainment and hospitality sector continued its weak performance. The U.S. non-farm payroll report is expected to be released tomorrow, with projections of adding 115,000 jobs and the unemployment rate remaining steady at 4.3%.
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