U.S. private employers added 200,000 jobs in July, topping economists’ expectations in an encouraging sign for the labor market recovery, a report by a payrolls processor showed on Wednesday.

Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 180,000 jobs. June’s private payrolls were revised up to an increase of 198,000 from the previously reported 188,000.

The report is jointly developed with Moody’s Analytics.

ADP: U.S. Private Sector Adds 200,000 Jobs In July

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