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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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Economists expect official data to be presented by the Department of Labour on Friday, 4 July, to show an increase in public procurement

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fxopen.com broke the news in on Wednesday, July 2, 2025.
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