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Private-sector payroll growth slowed sharply in May, coming in far below expectations and falling to the lowest level in eight months, a report showed Wednesday.
Signs of weakness in the U.S. economic recovery mounted as reports on Wednesday showed a sharp slowdown in the vast services sector and less hiring by private companies in April.
President Barack Obama sees a clear and encouraging trend on the economy, citing fresh reports showing private-sector job growth and lower unemployment....
U.S. companies added to payrolls more than expected in October, slightly boosting optimism about the job market ahead of Friday's government employment report.
Signs of a recovery in the U.S. labor market grew on Wednesday as data on the private sector labor market showed job gains for the first time since January 2008.
The U.S. labor market improved in November, with the number of jobs lost in the private sector falling again and the number of planned layoffs also easing, separate reports showed on Wednesday.
The pace of private-sector U.S. job losses slowed dramatically last month, while future planned layoffs also declined, and the hard-hit housing sector showed signs of improvement last week.