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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.
President Donald Trump demanded the Federal Reserve chair lower interest rates after an unofficial jobs report hit its lowest ...
American employers further dialed down their hiring, a monthly report showed, in a sign the labor market may be weakening ...
ADP's May employment report, released on Wednesday, suggests that the labor market is weakening. CBS News MoneyWatch ...
Activity at US service providers unexpectedly contracted last month for the first time in nearly a year and companies ...
The ADP employment report revealed that 37,000 nonfarm private jobs were added in May, down from 60,000 in April.
The report comes two days before the more closely watched nonfarm payrolls count from the Bureau of Labor Statistics.
The May jobs report adds 139K jobs, but mixed signals from BLS, JOLTS, and ADP data suggest labor market weaknesses.
Private sector job growth in May 2025 hit its lowest point in over two years, with just 37,000 jobs added, far below the ...
US stocks rise modestly as weak ADP data boosts Fed rate cut bets. Nasdaq outperforms, led by Nvidia. Traders await key ...