US EditionThe private sector lost 33,000 jobs in June, badly missing expectations for a 100,000 increase, ADP says
- ADP reported that private sector payrolls fell by 33,000 jobs in June 2025, marking the first decline since March 2023.
- This unexpected contraction occurred despite economists forecasting a 110,000 job increase and an unemployment rate rising to 4.3% from 4.2%.
- Job losses concentrated in service sectors including professional/business services , health/education , and financial activities , while goods-producing roles rose by 32,000.
- Large businesses added 30,000 jobs and the Southern U.S. saw payroll growth, but smallest firms lost 29,000 roles and pay growth modestly softened to 4.4% for stayers and 6.8% for job changers.
- The weak ADP report raised concerns over economic health and increased market bets on Federal Reserve rate cuts, with traders now fully pricing in cuts by September.
114 Articles
114 Articles
The U.S. private sector unexpectedly lost jobs in June, according to data released on Wednesday, a potential sign of labor market weakness amid uncertainty over President Donald Trump’s tariff policy. This is the first time that this setback has occurred in recent years, according to ADP/Stanford Lab figures, which are published a day before the government reveals its employment data. While companies deal with the uncertainty caused by Trump’s t…
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Something Just Broke: U.S. Employment Tanked In June, 744,308 Job Cuts Have Been Announced So Far This Year, And Retail Layoffs Are Up 255%
by Michael Snyder, The Economic Collapse Blog: What in the world just happened to the job market? The unexpectedly bad numbers that have just come in have truly been a shock to many of us. Yes, we knew that conditions were getting worse during the early stages of this year. In fact, the Federal Reserve […]
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