Private Sector Jobs Grow Slowest in Over Two Years with 37,000 in May

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Source: CNN
Private Sector Jobs Grow Slowest in Over Two Years with 37,000 in May
Photo: CNN
TL;DR

US private-sector job growth slowed significantly in May, adding only 37,000 jobs—the lowest in over two years—due to economic uncertainty, trade policy concerns, and hesitancy among small businesses, despite stable wage growth. The official jobs report is expected to show a similar slowdown, with broader implications for the US economy.

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