U.S. Economy Sees Worst Month For Job Growth Since April 2020

The United States economy saw the slowest month for job growth since the COVID-19 lockdowns, according to a new report from the payroll processing company ADP. According to the report, private sector employment rose by just 128,000 in May, far below the 299,000 Dow Jones estimate and a decline from the downwardly revised 202,000 in April, which was initially reported as a gain of 247,000. “The big drop-off marked the worst month since the massive layoffs in April 2020, when companies sent home more than 19 million workers as the Covid outbreak triggered a massive economic shutdown,” CNBC reported. “May’s slowdown in


