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What is the main takeaway from ADP data? The U.S. job market has cooled.
Average payroll gain over past three months is weakest in two years, leading Trump to push for lower interest rates.
ADP: Private payrolls grew by 37,000 in May; lowest rate since 2023
Private payroll company ADP Wednesday reported May private sector jobs growth of just 37,000 - the lowest in over two years.
U.S. Firms Are Hiring at the Slowest Pace in Two Years, ADP Report Shows
American employers further dialed down their hiring, a monthly report showed, in a sign the labor market may be weakening ...
Markets stall after ADP releases dismal jobs report; dollar continues slide with another 0.4% drop
A disappointing private sector jobs report has investors on edge about whether tariffs will start to hit the labor market.
ADP employment report shows slowdown in May hiring
ADP's May employment report, released on Wednesday, suggests that the labor market is weakening. CBS News MoneyWatch ...
Weak US Services Activity, ADP Hiring Signal Some Tariff Strain
Activity at US service providers unexpectedly contracted last month for the first time in nearly a year and companies ...
Private sector hiring rose by just 37,000 in May, the lowest in more than two years, ADP says
The report comes two days before the more closely watched nonfarm payrolls count from the Bureau of Labor Statistics.
Private sector added just 37,000 jobs in May, lowest in over 2 years, ADP says
The figure reported on Wednesday is well below economists’ estimates of 110,000 jobs and also down from the prior month’s ...
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ADP: Employers Add a Paltry 37,000 Jobs in May
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 ...