Private employers added 281,000 jobs in June, the payroll company ADP reported Wednesday, indicating an economy that seems to be shaking off some of the lingering aftermath of the worst recession since the Great Depression.
"It was a great number," said economist Mark Zandi, chief economist at Moody's Analytics in West Chester, analyzing the report for the New Jersey-based ADP.
"The gains were broad-based," he said. "Every industry experienced an increase in employment."
Even so, he said, it will be several years before the economy can create enough jobs to return the many long-term jobless to employment.
Particularly impressive to Zandi from this month's ADP report, which measures private-sector jobs, excluding farm jobs, were the 117,000 jobs generated by businesses with fewer than 50 employees.