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US job market shows more signs of slowing in ADP and claims data

Reports suggest weaker demand for workers

Bloomberg News

Labor data Wednesday added further evidence that the labor market is slowing down.. US companies hired workers at a more moderate pace in June and wage growth cooled in private payrolls data from the ADP Research Institute.. Recurring claims for unemployment benefits rose for a ninth straight week, the longest stretch since 2018 that indicates a growing […]

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