Financial Times FT.com

Sharp fall in US private sector jobs

By Daniel Pimlott in New York

Published: July 2 2008 16:28 | Last updated: July 3 2008 01:46

The US suffered the largest drop in employment in nearly six years in June, a sign of the deteriorating economic environment, according to a closely watched survey of business employment published on Wednesday.

Non-farm private sector employment fell by 79,000 in the month, including a 3,000 decline in service sector employment, according to the monthly ADP survey.

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