The payroll processing company «ADP» reported on Wednesday that the U.S. labor market has slowed down. This indicates a gradual cooling of the country's economy after a period of rapid growth. Experts link this to changes in the Federal Reserve's policy and general macroeconomic trends. Some analysts believe this could be a sign of healthy stabilization, while others see it as a risk of recession. Additional data is expected to be released in the coming months to clarify the situation in the labor market.
US Labor Market Slows Down
Payroll processing company «ADP» reported a slowdown in the U.S. labor market, indicating a gradual cooling of the economy after a period of rapid growth.