The monthly jobs report from the payroll processing company ADP showed that 163,000 jobs were added last month, according to a company press release. While the number exceeded some economists estimates of 125,000 being added, it is still below the 172,000 positions that were added in June.
"Today's estimate from ADP, if re-enforced by a similar reading on employment from the BLS [Bureau of Labor Statistics] on Friday, will alleviate concerns that the economy has slipped into a downturn," Joel Prakken, chairman of Macroeconomic Advisers said in a CNNMoney article.
For example, medium-sized businesses increased their payrolls by 67,000 workers while companies with at least 500 workers added 23,000 new positions.
While the ADP report only tracks private sector hiring, it is still considered a good precursor to the government's monthly jobs report, according to the news source.
Paul Ashworth, chief U.S. economist for Capital Economics, said that with the average of nearly 150,000 new jobs for June and July shows that hiring isn't as weak as some officials think. It's not great, he said, but the current trend is enough to keep the unemployment rate from moving on a downward trend.
With more individuals finding their way through the increasingly competitive job market, employers in the healthcare field would benefit from instituting pre employment assessment tests, to ensure that candidates will be able to hit the ground running from a technical standpoint.
In addition, a computer skills test can help to find individuals who can handle an aspect of the job that is always evolving. For example, with electronic medical records making their way into the industry, technology is playing a greater role. As such, employees need to be able to understand as much as possible to find personal success and push the organization forward.