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ADP says the economy lost jobs for the first time since 2023 due to trade wars

Privately run businesses reduced jobs in June for the first time in more than two years, ADP said, as ongoing U.S. trade wars created a “hesitancy to hire and a reluctance to replace departing workers.

Inc.com · 2d

ADP Reports Private Sector Lost 33,000 Jobs in June. Economists Expected 95,000 New Ones

U.S. private payrolls fell for the first time in more than two years in June as economic uncertainty hampered hiring, but low layoffs continued to anchor the labor market.

Yahoo Finance · 2d

ADP job loss numbers could be a precursor to June jobs report

Private sector jobs fell by 33,000 in June, the first decline since March 2023. Yahoo Finance Senior Reporters Brooke DiPalma and Jennifer Schonberger join Morning Brief to explain what the ADP report signals ahead of Thursday's key BLS jobs report.

20hon MSN

CNBC Daily Open: Divergence between official and ADP jobs reports reveals two labor markets

Official labor numbers from the U.S. Bureau of Labor Statistics showed a higher-than-expected increase of 147,000 jobs in ...

2don MSN

ADP says the private sector is shrinking. That’s bad news for the job market—but possibly great news for Trump

An official contraction could cause the Fed to step in sooner rather than later with rate cuts—something President Donald ...

ADP: Unexpected 33K Drop in Jobs in June

Economists had forecast an increase of 100,000 but declines in business services and education and health care offset ...

Stock market today: Dow, S&P 500, Nasdaq trade mixed after surprise ADP jobs reading

US stocks traded mixed on Wednesday as optimism over US trade deals rose at the same time that more signs of an intensifying ...

Dollar eases after weak ADP jobs data

The U.S. dollar softened on Wednesday, erasing an early advance, after the latest reading on private payrolls from ADP showed an unexpected decline. The ICE U.S. Dollar Index, was flat in recent trade ...

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