Employment increase only a fraction of the number expected, however construction employment saw smallest decline in three years. 

Nonfarm private employment increased 13,000 from May to June 2010 on a seasonally adjusted basis, according to the ADP National Employment Report®. The estimated change in employment from April to May 2010 was revised up slightly, from the previously reported increase of 55,000 to an increase of 57,000. Wall Street was expecting a gain approaching 60,000.  Continue reading →