US private sector adds 156,000 jobs in July



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Mubasher: The US non-farm private sector has created more jobs than expected this month.

The US non-farm private sector created 156,000 jobs in July, up from 112,000 in June, according to data released Wednesday by the EDB Foundation.

Analysts expected the US private sector to create 150,000 additional jobs this month.

According to the data, the services sector created 146,000 jobs in July, all jobs combined, while 5,000 jobs were lost in the information sector.

The commodities sector created 9,000 jobs in the same month, while the construction and manufacturing sectors generated 15,000 and 1,000 jobs respectively, while 6,000 jobs were lost in the natural resource sectors. and mines.

It should be noted that the number of jobs created in the industrial and service sectors does not equal the total number of new jobs in the private sector due to rounding.

At 12:17 GMT, the greenback was stable against the euro at 1,150 USD.

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