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Rely on official U.S. jobs report

MarketWatch on MSN · 2d

Be very skeptical of ADP report showing economy lost jobs for the first time in years

Did the U.S. economy really lose jobs in June for the first time since the pandemic? Payroll king ADP says yes, but investors ought to take its report with a very large grain of salt.

CNBC on MSN · 1d

CNBC Daily Open: Rely on the official U.S. jobs report, but consider what ADP is saying

Official labor numbers from the U.S. Bureau of Labor Statistics showed a higher-than-expected increase of147,000 jobs in June. The ADP report, released Wednesday, pointed to a decrease of 33,000 private sector jobs.

The Wall Street Journal · 3d

U.S. Firms Cut Jobs for First Time in Two Years, ADP Report Shows

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 100,0000 positions in June,

2d

ADP National Employment Report: 33K Private Jobs Unexpectedly Lost In June

The ADP employment report revealed that 33,000 nonfarm private jobs were unexpectedly lost in June, down from the 29,000 ...

3don 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 ...

3d

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 ...

2don MSN

Private sector lost 33K jobs in the last month — in first drop in over 2 years

Job growth has ebbed as businesses grapple with trade policy uncertainty, but companies have not yet resorted to widespread ...

2don MSN

June jobs report reveals US added 147K jobs in June; unemployment dips

US employers added 147,000 jobs in June despite Trump's tariffs, federal layoffs and immigration crackdown; unemployment at 4 ...

3d

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 ...

3don MSN

Private sector lost 33,000 jobs in June, well below expectations, ADP says

The figure reported on Wednesday is well below economists’ estimates of an increase of 95,000 jobs and also down from the ...

3don MSN

The private sector lost 33,000 jobs in June, badly missing expectations for a 100,000 increase, ADP says

Private payrolls lost 33,000 jobs in June, the ADP report showed, the first decrease since March 2023. Economists polled by ...

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