The number of jobs added in the nonfarm private sector in May was the smallest amount since the economic expansion started, and significantly lower than economists expected
The nonfarm private sector in the U.S. added 27,000 jobs for the month of May, the latest ADP National Employment Report showed, a number that was significantly lower than what economists were expecting.
The number of jobs added in the sector in May is the smallest amount since the economic expansion started, Ahu Yildirmaz, co-head of the ADP Research Institute, said in prepared remarks. The institute puts out the monthly report with Moody’s Analytics.
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