The private sector lost 33,000 jobs in June, badly missing expectations for a 100,000 increase, ADP says
- ADP's report revealed that private sector employment in the United States declined by 33,000 positions during June 2025.
- This contraction followed expectations of a 100,000 to 110,000 job increase and came amid slower hiring and trade policy uncertainty.
- Job losses occurred mainly in service-providing sectors, with professional/business services down 56,000 and health/education down 52,000 jobs.
- Nela Richardson, ADP's chief economist, explained that while layoffs remain uncommon, cautious hiring practices and unwillingness to backfill vacant positions contributed to a decline in jobs last month.
- The report signals a rare labor market warning as the unemployment rate is forecast to rise to 4.3%, ahead of the government’s nonfarm payrolls data release on Thursday.
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104 Articles
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