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S&P 500
New York Post
48 days

Private sector lost 33K jobs in the last month — in first drop in over 2 years

1. Private payrolls fell by 33,000 jobs in June. 2. Job losses concentrated in professional, business, and financial sectors. 3. Leisure and hospitality, manufacturing, and construction sectors added jobs. 4. Low layoffs keep labor market steady despite economic uncertainty. 5. The upcoming BLS employment report might show private payrolls rising.

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FAQ

Why Neutral?

The decline in private payrolls is concerning but job growth remains stable in other sectors. Historical data show mixed impacts on S&P 500 during similar scenarios.

How important is it?

Market participants may react to mixed signals from employment data, affecting S&P stability.

Why Short Term?

Recent job data may affect market sentiment in the short term, influencing trading behaviors until BLS data is released.

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