ADP Automatic Data Processing Inc

   By Waverly Colville 
 

Hiring at private U.S. employers grew less than expected in June, according to a report, as businesses struggled to find qualified workers.

Firms across the country added 177,000 workers last month, according to payroll processor Automatic Data Processing Inc. (ADP) and forecasting firm Moody's Analytics.

Economists surveyed by The Wall Street Journal had expected the addition of 185,000 jobs in June.

The health-care sector led the job growth by adding 37,000 jobs as the labor market continued to move closer to full employment, the report said.

"Business' number one problem is finding qualified workers," said Mark Zandi, chief economist at Moody's Analytics. "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."

Growth in medium-size businesses in June outpaced job gains at small and large businesses.

The ADP report is based on private-payroll data in addition to government data.

The ADP report comes ahead of the monthly jobs report from the U.S. Bureau of Labor Statistics on Friday. Economists expect nonfarm jobs to rise by 195,000 for June, compared with a gain of 223,000 the prior month.

Write to Waverly Colville at Waverly.Colville@wsj.com

(END) Dow Jones Newswires

July 05, 2018 08:50 ET (12:50 GMT)

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