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May Private Sector Jobs Grow by 37,000 Amid Market Caution

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Source: PR Newswire
May Private Sector Jobs Grow by 37,000 Amid Market Caution
Photo: PR Newswire
TL;DR

The May ADP National Employment Report shows that private sector employment increased by 37,000 jobs, with annual pay rising by 4.5%, indicating a steady labor market despite a slowdown in hiring momentum since March 2023.

Topics:top-newseconomy#adp-report#economy#employment#job-market#pay-growth#private-sector
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  1. ADP National Employment Report: Private Sector Employment Increased by 37,000 Jobs in May; Annual Pay was Up 4.5%  PR Newswire
  2. Private-sector firms added just 37,000 jobs in May, the lowest total in more than two years  CNN
  3. Stocks rise, but gains capped thanks to weak jobs data: Live updates  CNBC
  4. Stock market today: Dow, S&P 500, Nasdaq edge higher after big ADP jobs miss  Yahoo Finance
  5. Weakest ADP jobs report in two years points to hiring freeze tied to trade wars. Is the worst over?  MarketWatch

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