BUSINESSQUARTZ
Private hiring slowed in June, falling short of expectations, ADP data shows
Private hiring in June slowed, missing the Dow Jones consensus of 110,000 and declining from May's 122,000. ADP data shows the actual figure fell short of expectations.
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Adjacent reporting
- LinkedIn data shows AI isn’t to blame for hiring decline… yet
- New jobs data beats expectations but unemployment rate remains concerning
- Strong jobs data complicates Warsh’s path to lower rates
- Businesses add 98,000 jobs in June, ADP says. Labor market on the mend, but it’s still not great.
- Ohio lost jobs in May, and had 58,000 fewer in the workforce than last year
- Kalshi traders expect this week's jobs report will disappoint Wall Street outlook