U.S. private sector hiring picks up less than expected in June: ADP

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U.S. private sector hiring picks up less than expected in June: ADP
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U.S. companies added more jobs in June, but fewer than what analysts had forecas...

FILE PHOTO: A job-seeker completes an application at a career job fair in Philadelphia, Pennsylvania, U.S. July 25, 2013. REUTERS/Mark Makela/File Photo

The private sector payrolls increased by 102,000 jobs in June, falling short of the 140,000 projected by economists polled by Reuters. Small businesses reduced their payrolls by 23,000 in June, while midsized and large companies added 60,000 and 65,000 workers, respectively, ADP said.

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