Private sector hiring unexpectedly contracted in June, payrolls processing firm ADP said Wednesday, in a possible sign that the economy may not be as sturdy as investors believe as they bid the S&P 500 back up to record territory to end the month.
Breaking: The US lost 33,000 jobs in June. They were expecting to *gain* 100,000.
-- Brian Tyler Cohen (@briantylercohen.bsky.social) Jul 2, 2025 at 10:22 AM
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