The private sector grew by just 37,000 jobs in the month of May, according to ADP’s latest data, well below the 114,000 economists forecasted.
ADP Chief Economist Nela Richardson explains what this print is signaling about slowing labor market growth and the factors contributing to this trend.
To watch more expert insights and analysis on the latest market action, check out more Wealth here: https://finance.yahoo.com/videos/series/wealth/
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