US Private Hiring Slows as ADP Reports 98,000 New Jobs in June
U.S. private employers added 98,000 jobs in June, according to the latest ADP National Employment Report, marking a slowdown from 122,000 jobs in May and falling short of economists’ expectations of 118,000. The weaker-than-expected figures suggest hiring momentum eased during the month, even as the broader labor market remains relatively stable. The ADP report serves…