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US private sector added just 37,000 jobs in May, a two-year low, falling short of forecasts.
US private sector hiring slowed significantly in May, adding only 37,000 jobs, the lowest in two years, according to ADP.
This slowdown, attributed to trade policy uncertainty and poor consumer sentiment, missed economists' predictions of 110,000 jobs.
Despite the job growth dip, pay increases remained steady at 4.5% for job stayers and 7% for job changers.
The data follows two months of weak job growth and has increased pressure on the Federal Reserve to lower interest rates.
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El sector privado de EE.UU. agregó solo 37.000 empleos en mayo, un mínimo en dos años, por debajo de las previsiones.