The ADP Employment Report for April 2025 reveals a significant slowdown in U.S. private sector job growth, with only 62,000 jobs added. This is the slowest growth since July 2024 and is largely attributed to tariff-related uncertainties impacting hiring plans.
While the leisure and hospitality sector led job additions with 27,000 new positions, other sectors like education and health services saw declines. Wage growth also decreased slightly, reflecting the broader uncertainties in the job market.
Experts suggest the need for strategic adaptations in hiring practices as economic policies continue to shape labor market dynamics.
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