- Job openings rose in April, but layoffs surged the most in 9 months. The job market may be cooling as tariff fears cloud the economic outlook.
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- ADP reported private payroll growth of just 37K in May. It was the lowest monthly gain since March 2023 and much less than expected.
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- Jobless claims rose to 247K last week, the highest since October, adding to signs of a cooling job market and rising layoff risks.
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