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MarketWatch on MSN · 1d

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 · 19h

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.

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.

1don MSN

Fox Host Quickly Changes Tune After Jobs Report Misses the Mark

Powell has earned the ire of Trump and MAGAworld for refusing to slash interest rates amid the administration’s sprawling ...

2d

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 ...

14hon 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 ...

1don MSN

June jobs report comes in stronger than expected — tanking hopes that the Fed will cut rates this month

The Labor Department reported Thursday that the US economy added 147,000 jobs in June, beating the 110,000 gain forecast by ...

1don MSN

Dow Futures slightly high ahead of June jobs report, House vote on tax bill

Wall Street is gearing up for some intense activity as Dow Futures traded in green ahead of the release of key economic data.

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