Private Companies Added Way Fewer Jobs Than Expected In July. June's Figures Were Also Revised Downward

Private companies added tens of thousands of jobs less than estimated in July, according to new data. (Credit: Getty Images)

Private companies added tens of thousands of jobs less than estimated in July, according to new data.

ADP detailed that nonfarm payrolls added 44,000 jobs last month, the lowest since January and below the The Dow Jones consensus forecast, which stood at 75,000. Last month's figure was also revised downward and clocked in at 95,000.