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📣 JUST IN: Private Payrolls Growth Slows to 152,000 in May, Below Expectations #Jobs #Economy 👉 Key Highlights: 📍 Private job creation slowed to 152,000 in May, ADP reports. 📍 April's job growth revised down to 188,000. 📍 Dow Jones consensus estimate was 175,000. 📍… https://t.co/fHACEBdxSq
ADP estimates that in May the net change in private sector nonfarm payrolls is +152k This was expected to be +175k.
The ADP national employment report for May was 152K versus 175K estimate. This is another piece of economic data suggesting that job gains and pay growth are slowing going into the second half of the year. https://t.co/KyuKsb3mUM
The U.S. ADP Employment Change for May came in at 152,000, below the expected 175,000 and lower than the previous 192,000. This marks a slowdown in job gains and wage growth, with services seeing gains while manufacturing declines.
