
Private company hiring bounced back with a 104,000 increase in July, ADP says
Hiring at private companies rebounded at a stronger-than-expected pace in July, indicating the labor market is holding its ground, ADP reported Wednesday. Payrolls rose by a seasonally adjusted 104,000 for the month, reversing a loss of 23,000 in June and topping the Dow Jones forecast from economists for an increase of 64,000. The June number…