Washington, June 4, 2025 (AFP) - US private sector hiring sharply slows, drawing Trump ire

NAMPA / AFP

2025-06-04

US private sector hiring hit its slowest pace since 2023 in May, according to data Wednesday from payroll firm ADP, significantly missing expectations in a month where all eyes are on the effects of President Donald Trump's trade war. Private sector employment rose by 37,000 jobs last month, slowing from the 60,000 figure in April. Trump immediately reacted by pressuring independent Federal Reserve Chair Jerome Powell to cut interest rates. "'Too......

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