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US private sector jobs miss expectations in June
ADP data showed that jobs in the U.S. private sector increased by 98,000 in June, falling short of expectations which stood at 110,000. There was a significant focus on the healthcare and education sectors, while the natural resources and mining sector experienced a decline of 5,000 jobs. The non-farm payroll report is expected to be released tomorrow, as the labor market remains strong with limited improvement in wages.
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