ADP Miss: U.S. Private Payrolls Add Just 98K in June
The print came in 20K short of expectations and marked the weakest gain since the prior cycle, reinforcing the cooling-labor read that has driven rate-cut bets higher through the month.
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The print came in 20K short of expectations and marked the weakest gain since the prior cycle, reinforcing the cooling-labor read that has driven rate-cut bets higher through the month.