The June jobs report is out from payroll processor ADP — and WOW!

Private sector jobs in the U.S. increased by 497,000, blowing past expectations of 220,000. In addition, annual pay rose at a rate of 6.4%.

The official federal jobs report will be released tomorrow. pic.twitter.com/AkWKEnD7u5

— MeidasTouch (@MeidasTouch) July 6, 2023