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“Private sector employment increased by 177,000 jobs from May to June according to the June National Employment Report,” the ADP Research Institue reported on Thursday.

Key takeaways from the official publication

  • The labor market continues to march towards full employment.
  • Healthcare led job growth once again and trade rebounded nicely.
  • Business’ number one problem is finding qualified workers.
  • At the current pace of job growth, if sustained, this problem is set to get much worse.
  • These labor shortages will only intensify across all industries and company sizes.