California jobs growth falters
ROSELAND, NEW JERSEY
July 12, 2017
• Employers add just 9,800 jobs in June
• Down from an increase of 34,500 in May
Employers in California added a net 9,800 private sector jobs in June, according to data released Wednesday by payroll processing company Automatic Data Processing Inc. (NASDAQ: ADP) of Roseland, New Jersey, in collaboration with Moody's Analytics Inc.
That’s down sharply from the month before.
California added 34,500 private sector jobs in May, according to ADP. There were more than a thousand jobs created in the “goods producing” sector, although the bulk of the new jobs were in the service sector.
Last month saw 1,100 jobs added in so-called “goods-producing” companies and 8,800 in the service sector.
According to ADP, companies in the industry category “natural resources/mining and construction” saw a net payroll increase of 2,300. But manufacturing firms fired 1,300 more workers than they hired. And companies in the “professional and business services” sector lopped payrolls by 2,300 workers.
Helping to partially offset that, “trade, transportation and utilities” firms hired 2,000 more workers than they fired.