ADP reported U.S. businesses added 98,000 jobs in June, the smallest monthly increase in three months. While overall hiring growth cooled, ADP noted labor demand is improving. Net read-through is cautiously negative for near-term momentum, but not an outright deterioration.
ADP reported U.S. businesses added 98,000 jobs in June, the smallest monthly increase in three months. While overall hiring growth cooled, ADP noted labor demand is improving. Net read-through is cautiously negative for near-term momentum, but not an outright deterioration.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
