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The ADP employment report revealed that 33,000 nonfarm private jobs were unexpectedly lost in June, down from the 29,000 addition in May. In June, goods-producing jobs rose by 32,000 while service ...
And Nela Richardson of ADP, where this report is from the chief economist there, said quote, layoffs continue to be rare. Hesitancy to hire and a reluctance to replace departing workers led to job ...
Private-sector employers cut 33,000 jobs in June, the first monthly decline in more than two years, according to the ADP National Employment Report released Wednesday. The latest report comes as a … ...
The ADP report also raised questions about whether the official U.S. jobs report on Thursday would also show a decline. If so, it would be the first negative reading since the pandemic in 2020.
June U.S. private sector employment: -33K vs. +103K consensus and +29K in May (revised from +37K), according to data released by ADP on Wednesday.
That is expected to show an increase of around 110,000 jobs, down somewhat from the 137,000 added in May. The two reports often differ, so it is hard to draw conclusions from the ADP report.
Private payrolls dropped by 33,000 jobs last month, the first decline since March 2023, after a downwardly revised increase of 29,000 in May, the ADP National Employment Report showed on Wednesday.
A total of 33,000 jobs were lost in June, compared with a downwardly revised 29,000 increase in jobs in May, according to the ADP National Employment report released Wednesday.
Jobs in the government rose by 73,000 in June, making up around half of the total nonfarm payroll growth for the month, as noted by CNBC's Alex Harring. The ADP report only measures private ...
From prnewswire.com Private sector employment shed 33,000 jobs in June and annual pay was up 4.4 percent year-over-year, according to the June ADP National Employment Report® produced by ADP Research ...
U.S. stock futures pointed to a higher open on Wall Street on Wednesday, with the ADP employment report in focus and recent data suggesting the Federal Reserve shouldn’t rush to cut rates.
Companies in the private sector lost 33,000 jobs in June, payroll processing firm ADP said Wednesday. The figure is well below economists’ estimates of a gain of 95,000 jobs and down from the ...