July ADP Employment - Service providing jobs up 74k
The ADP Employment report notes that Service Providing Jobs were up 74k, Goods Producing Jobs fell 65k and Manufacturing Jobs fell 49k.
Manufacturing Jobs now enter their 23rd straight month of declines and Goods Producing Jobs have just posted their 20th straight month of declines.
Large business employment is off 32k, Medium sized businesses were down 9k but small business employment was up 50k.
ADP reckons 350,000 Construction Jobs have been lost since August of 2006. This figure does not of course include those “off the books” construction jobs - by some estimates those job losses may be greater and be feeding into job expansion in the service sector.