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The Automatic Data Processing (ADP) report showed on Wednesday that the US private sector payrolls dropped by 33,000 jobs ...

Although Wednesday's ADP private-sector hiring report reflects an unexpected loss of 33,000 jobs in June, this type of data is often a poor predicator of the official jobs figures released by the U.S.

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The simple truth is that ADP is a poor predictor of the official U.S. jobs report produced by the U.S. Bureau of Economic Analysis. The two reports use different methods to measure the size of the ...

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A total of 33,000 jobs were lost in June, compared with a downwardly revised 29,000 increase in jobs in May, according to the ADP National Employment report released Wednesday. It marked the first ...