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Private-sector jobs decline; Microsoft adds to workforce cuts; Mortgage applications rise

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Hospitality gained jobs in June, but private employers overall shed 33,000 positions, ADP and Stanford University reported. (Getty Images)
Hospitality gained jobs in June, but private employers overall shed 33,000 positions, ADP and Stanford University reported. (Getty Images)
CoStar News
July 2, 2025 | 8:14 P.M.

Private sector jobs decline 

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