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Did the U.S. economy really lose jobs in June for the first time since the pandemic? Payroll king ADP says yes, but investors ought to take its report with a very large grain of salt.

The first six months of President Donald Trump’s second term in office have been marked by sweeping policy actions — including broad-based tariffs, deportations, federal spending cuts and government ...

ADP on Wednesday said the private sector eliminated 33,000 jobs last month, ostensibly due to uncertainty caused by U.S. trade wars. The decline in employment was the first ADP has measured since ...

On Thursday, the latest batch of claims data showed that first-time filings for unemployment insurance — considered a proxy for layoffs — decreased to 233,000 for the week ended June 28 from 237,000 ...

The payroll processing group ADP said private-sector employment fell for the first time in two years last month.

ADP data shows the private sector shed 33,000 jobs in June, well below the 100,000 gain economists expected.

Private employers lost more jobs than they added for the first time in more than two years, as new data shows Americans pulling back on spending under the weight of inflation and President Donald ...