Weakest ADP jobs report in two years points to hiring freeze tied to U.S. trade wars

Privately run businesses created just 37,000 new jobs in May — the smallest increase in more than two years — as the worst global trade wars since the 1930s spurred many firms to put a pause on hiring.

Jun 4, 2025 - 14:46
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Weakest ADP jobs report in two years points to hiring freeze tied to U.S. trade wars
Privately run businesses created just 37,000 new jobs in May — the smallest increase in more than two years — as the worst global trade wars since the 1930s spurred many firms to put a pause on hiring.