The US private sector added about 278,000 jobs in May, according to figures issued moments ago by the ADP, after adding about 291,000 jobs in April, while expectations were for the addition of 173,000 jobs, while the annual wage rate rose by 6.5% from 6.7%.
In the details, the commodity production sector added about 110,000 jobs, as the construction sector added about 64,000 jobs, while the manufacturing sector lost 48,000 jobs, while the services sector, which includes the sectors of trade, transportation, utilities, activities, and information, added about 168,000 jobs.
24/12/2024
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