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Valued at a market cap of $124.1 billion, Automatic Data Processing, Inc. (ADP) provides cloud-based human capital management ...
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.
The ADP employment report revealed that 33,000 nonfarm private jobs were unexpectedly lost in June, down from the 29,000 addition in May.
Thursday, jul 3 Tag: ADP National Employment Report Business Private Sector Loses Jobs For First Time Since 2023 Amid Trump Tariffs, Inflation: ADP Business Private Job Growth Hits Two-Year Low Amid ...
Jobs Report: U.S. Hiring Crushes Expectations. What It Means for Interest Rates. Follow live coverage and analysis of the employment data release.
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. U.S ...
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 … ...
Businesses lost 33,000 jobs in June, according to the ADP National Employment Report released on Wednesday, July 2. That was the first monthly drop since March 2023 and behind May's downwardly revised ...
Although Wednesday's ADP private-sector hiring report reflects an unexpected loss of 33,000 jobs in June, this type of data is often a poor predicator of the official jobs figures released by the ...
ADP private payrolls data showed a decline of 33,000 jobs in June. Economists were expecting a gain of 100,000 jobs, according to Dow Jones.