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Private employers shed 33,000 workers in June, the first monthly job loss in at least two years, payroll processing firm ADP said on Wednesday. Why it matters: It is the most worrying job market ...
While the ADP report released Wednesday precedes the government’s official ... According to the report, the private sector lost 33,000 jobs in June—the first monthly job loss in over two years. Most ...
The ADP employment report revealed that 37,000 nonfarm private jobs were added in May, down from 60,000 in April. In May, goods-producing jobs fell by 2,000 while service-providing jobs added ...
The US private sector lost jobs in June, the first negative month in more than two years, according to new data Wednesday from payroll provider ADP.
Service-providing jobs led the decline, with a net loss of 66,000 jobs led by declines of 56,000 professional/business services jobs and 52,000 in education/health services along with a decline of ...
Private payrolls increased just 37,000 In May, below the 60,000 in April and the Dow Jones forecast for 110,000. It was the lowest monthly job total from the ADP count since March 2023.
But we might want to keep in mind the above warning when assessing the monthly ADP jobs report. Official labor numbers from the U.S. Bureau of Labor Statistics showed a higher-than-expected ...
The "ADP number" Trump refers to is the payroll processing firm's latest jobs report. According to ADP, in May private payrolls increased by just 37,000, the worst showing for any month since ...
ADP Report Today’s ADP report was estimated by some to come in near 110,000 and instead it came in at 37,000, which was a big enough miss to get bond yields to fall after the report was released.
A weaker-than-expected ADP Employment Change Report pulled the plug on the charge seen in the equity futures market ahead of the 8:15 a.m. ET release. Briefly, ADP said private sector employment ...