ADP Says Companies in U.S. Add Most Workers Since 2012

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Employment at companies climbed in June by the most since November 2012, a sign the U.S. job market is strengthening along with demand, a private payrolls report showed today.

The 281,000 surge exceeded the most optimistic forecast in a Bloomberg survey and followed a 179,000 increase in May, data from the ADP Research Institute in Roseland, New Jersey, showed. The median estimate of economists called for a 205,000 advance.