Data from ADP shows that the economy added 150,000 private sector jobs in June, falling below analyst expectations of 165,000. US equities (^GSPC, ^DJI, ^IXIC) are beginning to trade lower on Wednesday morning in response.
Yahoo Finance Anchors Brad Smith and Madison Mills break down the latest jobs numbers and what the data means for the labor market and the broader stock market.
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#ADP #employment #yahoofinance
