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President Donald Trump on Wednesday called on Federal Reserve Chairman Jerome Powell to lower interest rates after ADP reported weak jobs data. "ADP NUMBER OUT!!! ‘Too Late’ Powell must now ...
June 4 (UPI) --Private payroll processor ADP reported Wednesday that May private sector job growth was at its lowest level in two years. U.S. private employers added 37,000 jobs in May ...
Today's heavy hitters included ADP Employment and ISM Services. Both were weak--especially ADP. The employment component of the ISM report actually improved and that serves as a reminder that data ...
A separate report from ADP Research showed private-sector payrolls rose just 37,000 last month, the least in two years.
Companies in the private sector added just 37,000 jobs in May, payroll processing firm ADP said Wednesday. The figure is well below economists’ estimates of 110,000 jobs and down from the prior ...
Private-sector payrolls increased by 37,000 in May, according to ADP Research, lower than all estimates in a Bloomberg survey of economists. That marked the second month in a row when the figures ...
The main takeaway from the ADP job data released Wednesday is that the U.S. labor market has cooled in the second quarter, economists said. “The job market has downshifted in the second quarter ...
The small increase in private-sector jobs last month, as reported by payroll processor ADP, was far lower than expected. Economists surveyed by the Wall Street Journal had forecast a 110,000 gain.
Trump used Wednesday's ADP report as a fresh excuse to pressure the Fed to lower interest rates. Private payrolls were much weaker than expected ahead of Friday's key labor report. Forecasters say ...
"ADP NUMBER OUT!!! 'Too Late' Powell must now LOWER THE RATE. He is unbelievable!!!" the president wrote Wednesday morning. The "ADP number" Trump refers to is the payroll processing firm's latest ...
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