Private Sector Jobs Growth Exceeds Expectations in July.

Private sector jobs increased by 324,000 in July, surpassing economists' expectations.
The leisure and hospitality industry added the most jobs with 201,000 new positions.
Annual pay jumped by 6.2% year-over-year, the slowest gain since November 2021.
The economy is performing better than expected and a healthy labor market continues to support household spending.
Economists anticipate the addition of 200,000 jobs in the upcoming government report, with unemployment expected to remain steady at 3.6%.