U.S. weekly ADP employment change slows to 25,500 in week to May 30

U.S. ADP weekly employment change was a 25,500 increase in the week to May 30, down from the previous 29,000 and below forecasts. The reading points to slower private-sector hiring, while reports of persistent wage gains suggest labor-cost pressures may remain, a combination markets watch for signals on economic momentum, inflation and Federal Reserve policy.

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