US private employers brought on 98,000 jobs in June, payroll processor ADP said Wednesday, missing expectations. Economists surveyed by Bloomberg had predicted a gain of 120,000 positions, roughly on par with May's increase. About half of June's growth was concentrated in education and health services, according to ADP data, while the financial activities sector gained 14,000 positions. "The pace of hiring is telling a story of both supply and demand," ADP chief economist Nela Richardson said in a statement. "We know it's taking people longer to find work, but there also are signs of labor supply constraints in ... (full story)