US Futures Inch Higher as Investors Eye Trade Deals, Payrolls Data
4 Articles
4 Articles
US Private Payrolls See Surprise Decline
US private payrolls experienced an unexpected contraction in June, marking the first decline in over two years. According to the ADP National Employment Report, private payrolls decreased by 33,000 jobs last month. This downturn, the first since March 2023, follows a downwardly revised increase of 29,000 jobs in May. Economists surveyed by Reuters had anticipated a gain of 95,000 jobs for June. The report revealed job losses across several secto…
U.S. Private Payrolls Dipped 33,000 In June
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. Private payrolls dropped by 33,000 jobs last month, the first decline since March 2023, after a downwardly revised increase of 29,000 in May, the ADP National Employment Report showed on Wednesday. Economists polled by Reuters had forecast the report would show private employm…
The US labor market faced a surprising picture in July 2025. ADP nonfarm employment change data was announced as -33 thousand in June, despite the expectation of an increase of 110 thousand. This data attracted attention as a leading indicator of the official nonfarm employment figures to be announced on Friday, and created fluctuations in the markets. Here are the details...
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