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.

Private payrolls lost 33,000 jobs in June, the ADP report showed, the first decrease since March 2023. Economists polled by Dow Jones forecast an increase of 100,000 for the month.

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 increases in leisure and hospitality.

The ADP National Employment Report is an independent measure and high-frequency view of the private-sector labor market based on actual, anonymized payroll data of more than 25 million U.S. employees.

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 ...

In trading on Wednesday, shares of Automatic Data Processing Inc. (Symbol: ADP) crossed below their 200 day moving average of $299.06, changing hands as low as $298.50 per share. Automatic Data ...

President Trump demanded Federal Reserve Chair Jerome Powell lower interest rates after an unofficial jobs report hit its lowest level in over two years.

A weak ADP jobs report on Wednesday dropped mortgage rates, but not enough for President Trump. What does this mean for jobs Friday data?

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Payroll processing firm ADP on Wednesday released its private sector jobs data for March. Employment in the private sector increased by 155,000 jobs in the month.