ADP employment report shows gain of 42,000 jobs

The ADP private sector jobs report came in Wednesday slightly better than expected, showing an increase of 42,000 as well as a revision upward from May to June. 

July's increase was the sixth straight month of gains but the increases have only averaged 37,000, with "no evidence of acceleration" as the job market continues to struggle to create jobs, ADP said in a release. 

June numbers were revised up to 19,000 from 13,000, according to today's report. ADP's report doesn't including federal government hiring or firing for the 2010 Census. 

The government's monthly employment numbers for July are due out Friday. 

The ADP report showed that hiring by large employers — those with 500 or more workers — was flat while medium-size businesses added 21,000 workers to their payrolls and small businesses added another 21,000.