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Job growth slowed for the second month in a row at private-sector firms, which added just 37,000 jobs in May, according to ...
Average payroll gain over past three months is weakest in two years, leading Trump to push for lower interest rates.
The figure reported on Wednesday is well below economists’ estimates of 110,000 jobs and also down from the prior month’s revised reading of 60,000 jobs.
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A disappointing private sector jobs report has investors on edge about whether tariffs will start to hit the labor market.
U.S. private payrolls increased far less than expected in May, the ADP National Employment Report showed on Wednesday.
The big report out before the opening bell this morning continues “Jobs Week” to start a new month: private-sector payrolls from Automatic Data Processing (ADP) for the month of May. It came out weak ...