US Job Growth Slows to 152,000 in May, Missing Expectations
TL;DR Summary
The U.S. private sector added 152,000 jobs in May, falling short of expectations and indicating a potential cooling in the labor market. The ADP National Employment Report showed notable job gains in services but losses in information and goods-producing industries. Wage growth remained steady, though slower than previous months. Market reactions were mixed, with slight movements in the U.S. Dollar Index and equity futures.
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