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Negative 'Small Nonfarm' Employment Recorded, Largest Decline Since March 2023

Summary: In a surprising development, the 'small nonfarm' employment recorded a negative value, with ADP reporting a decrease of 33,000 jobs in the US in June, marking the largest decline since March 2023.

In a surprising development, the 'small nonfarm' employment recorded a negative value, with ADP reporting a decrease of 33,000 jobs in the US in June, marking the largest decline since March 2023.

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