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The ADP employment report revealed that 37,000 nonfarm private jobs were added in May, down from 60,000 in April.
Average payroll gain over past three months is weakest in two years, leading Trump to push for lower interest rates.
Private payroll company ADP Wednesday reported May private sector jobs growth of just 37,000 - the lowest in over two years.
After ADP revealed a sharp drop in private sector job growth in May, President Donald Trump called on Fed Chair Jerome Powell ...
2don MSN
A disappointing private sector jobs report has investors on edge about whether tariffs will start to hit the labor market.
Activity at US service providers unexpectedly contracted last month for the first time in nearly a year and companies ...
3don MSN
The report comes two days before the more closely watched nonfarm payrolls count from the Bureau of Labor Statistics.
US stocks inched higher as Wall Street largely shrugged off tariff risks, even as President Trump doubled duties on steel and ...
The labor market slowed sharply in May as private employers added a paltry 37,000 jobs, payroll firm ADP said on Wednesday. The monthly employment report came in lower than the 110,000 expected by ...
US stocks rise modestly as weak ADP data boosts Fed rate cut bets. Nasdaq outperforms, led by Nvidia. Traders await key ...
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