Summary: ADP payrolls up by 692K in June; more than consensus figure; May increase revised down by 92K; “another sign” activity, employment in service sector “rebounding quickly”; led again by leisure/hospitality sector; figures up equally across firms of all sizes; 90% of gain in services sector. The ADP National Employment Report is a monthly report which provides an estimate of US non-farm employment in the private sector. Since publishing...