@cuoipham1209
đź“Š ADP: U.S. Private Sector Unexpectedly Lost 33,000 Jobs in June
According to the newly released ADP report, June saw a surprising decline of 33,000 private-sector jobs—completely missing expectations for job growth.
🔍 Key highlights:
- The sharpest declines came from small businesses and the manufacturing sector.
- Average wages rose 4.4% YoY, but the pace is slowing.
- This raises red flags about a possible weakening U.S. labor market, further fueling expectations that the Fed may cut rates soon.
📉 Markets are closely watching upcoming official labor data to confirm the trend!
Trading carries high risk.
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