Private sector lost 33,000 jobs in June
Badly missing expectations for a 100,000 increase.
*Private sector hiring unexpectedly contracted in June, payrolls processing firm ADP said Wednesday.
*It's a potential sign that the economy may not be as sturdy as investors believe.
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. The May job growth figure was revised even lower to just 29,000 jobs added from 37,000.
| by Anonymous | reply 11 | July 2, 2025 4:24 PM
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"It's overhang from the disaster of the Biden years."
| by Anonymous | reply 1 | July 2, 2025 1:59 PM
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The market apparently loves unemployed poor people. It’s sick.
| by Anonymous | reply 2 | July 2, 2025 2:00 PM
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They put the Dumb in Dumb Fuck
| by Anonymous | reply 3 | July 2, 2025 2:02 PM
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[quote] The market apparently loves unemployed poor people
Market's are flat today, you make it sound like markets are exploding higher today. They are not.
| by Anonymous | reply 4 | July 2, 2025 2:03 PM
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This is all Jill Biden's fault, and how fucking DARE you suggest she's not president right now.
| by Anonymous | reply 5 | July 2, 2025 2:13 PM
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I am frankly surprised the economy has held on for as long as it has. I think that speaks to the strength of the economy under Biden.
| by Anonymous | reply 6 | July 2, 2025 3:23 PM
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33,000 isn't nearly enough to rattle Republicans. Add 300,000 and it's still not nearly enough.
| by Anonymous | reply 7 | July 2, 2025 4:11 PM
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the Biden economy, which focused on bolstering the middle class, was booming. Trump literally killed it by firing thousands of federal workers and stopping billions in government grants.
Blaming Biden is ridiculous
| by Anonymous | reply 9 | July 2, 2025 4:21 PM
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Since when did facts ever stop a rethugs from lying, r9? Or Fux Noise from lying?
And the dumb maggot cunts who voted for this and lost their jobs will believe the lies because they’re brain dead maggot cunts
| by Anonymous | reply 10 | July 2, 2025 4:24 PM
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Trump will be glad to be able to use the stat to hammer the Federal Reserve to lower interest rates.
| by Anonymous | reply 11 | July 2, 2025 4:24 PM
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