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ADP July payrolls rise by 156,000. Here's what that means for the economy

ADP July payrolls rise by 156,000. Here's what that means for the economy CNBC's Steve Liesman reports on the latest private payroll numbers from ADP. Michelle Meyer, head of the U.S. economics for Bank of America Merrill Lynch Global Research, and Mark Zandi, chief economist at Moody's Analytics, join "Squawk Box" with their reactions.

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