ADP says the economy lost jobs for first time since 2023. Jobs market a trade war casualty? - MarketWatch
1. Privately run businesses cut 33,000 jobs in June, first decline in over two years. 2. Job losses indicate labor market deterioration despite tariff reductions. 3. Economists forecast only 110,000 new jobs in June, lowest count since 2010. 4. DJIA fell 0.07% while S&P 500 rose, reflecting mixed market reactions. 5. ADP's job data may poorly predict the forthcoming official jobs report.