United States / Recent Economic Data Overview (April 2025)
Slower Job Growth in the Private Sector
United States / Recent Economic Data Overview (April 2025)
Slower Job Growth in the Private Sector
The recent ADP employment data showed a noticeable slowdown in private sector hiring. Only 62,000 new jobs were added in April, significantly lower than the forecast of 108,000 and well below the previous figure of 147,000. This marks the slowest pace of job growth in the past nine months, signaling weaker business confidence and reduced spending across companies. Read more …
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