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ADP Jobs Report Shows Tepid Hiring, Jobless Claims Rise, Backing Fed Rate-Cut Bets
The ADP jobs report and initial jobless claims add to a string of soft labor market indicators, raising hopes for swift Fed rate-cutting.
Privately run businesses reduced jobs in June for the first time in more than two years, ADP said, as U.S. trade wars created a "hesitancy to hire and a reluctance to replace departing workers." ...
ADP is right that hiring has slowed, but the labor market hasn't collapsed Did the U.S. economy really lose jobs in June for the first time since the pandemic? Payroll king ADP says yes, but investors ...
Employment at U.S. companies fell in June for the first time in more than two years, reflecting a drop in services payrolls that may raise concerns about a more pronounced labor market slowdown.
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 ...
NEW YORK, Aug 5 (Reuters) - The United States is on track for a modest job recovery in early 2010 in line with its economy emerging from the worst recession in decades, said ADP Employer Services and ...
US private sector employers lost 33,000 jobs in June, according to payroll firm ADP - Copyright AFP/File Frederic J. BROWN US private sector employers lost 33,000 ...
U.S. stock futures remain flat on Wednesday morning after economic data showed private sector hiring unexpectedly contracted in June. Private payrolls lost 33,000 jobs last month, the ADP report ...
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 treat the report with a heavy dose of skepticism. ADP on ...
The US private sector unexpectedly lost jobs in June, according to data from payroll firm ADP on Wednesday, a potential sign of labor market weakness amid uncertainty from President Donald Trump's ...
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