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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.
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 ...
The ADP Employment Change report for June is set to be released on Wednesday at 12:15 GMT, with projections indicating an increase of 95K new jobs following May’s disappointing gain of 37K.
American employers shed 33,000 staff last month, a new report showed, in an unexpectedly weak readout on U.S. labor-market health. The ADP data undershot consensus expectations for job growth of ...