Wednesday, June 5, 2024

Payrolls decline

ADP Payrolls Unexpectedly Tumble To Lowest Since January As Wage Growth Continues Slowing

WEDNESDAY, JUN 05, 2024 - 06:06 AM

Extending the recent trend of unexpectedly weak labor market indicators, moments ago ADP reported that in May, the US added just 152K Private Payrolls, a 36K drop from the March (downward revised) number of 188K (originally 192K) to the lowest number since the 111K reported in January..

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