Private payrolls dropped by 33,000 jobs last month, the first decline since March 2023, after a downwardly revised increase of 29,000 in May, the ADP National Employment Report showed on Wednesday.

Private payrolls lost 33,000 jobs in June, the ADP report showed, the first decrease since March 2023. Economists polled by Dow Jones forecast an increase of 100,000 for the month.

Review quarterly and annual revenue, net income, and cash flow for Automatic Data Processing Inc (ADP:XNAS) stock through the last fiscal year.