Private sector hiring rose by just 37,000 in May, the lowest in more than two years, ADP says

Private-sector firms added just 37,000 jobs in May, the lowest total in more than two years

(CNN) — High economic uncertainy has hiring grinding to a halt at US businesses.Job growth slowed for the second month in a row at private-sector firms, which added just 37,000 jobs in May, according to new employment estimates released Wednesday by payroll company ADP.May’s job gains, which marked a sharp stepback from the 60,000 jobs added that ADP reported for April, came in significantly below economists’ expectations for 130,000 jobs to be …

Private sector hiring rose by just 37,000 in May, the lowest in more than two years, ADP says

The report comes two days before the more closely watched nonfarm payrolls count from the Bureau of Labor Statistics.