welcome
CNBC

CNBC

Business

Business & Economics

The private sector lost 33,000 jobs in June, badly missing expectations for a 100,000 increase, ADP says

CNBC
Summary
Nutrition label

76% Informative

ADP says June payrolls contracted 33,000 jobs, the first decrease since March 2023 .

May 's soft ADP data differed significantly from the government's monthly jobs report.

The Midwest and Western U.S. saw the strongest contractions in June , declining by 24,000 and 20,000 , respectively.

VR Score

89

Informative language

97

Neutral language

18

Article tone

formal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links