Economy Country 2026-03-04T16:24:26+00:00

US Private Sector Hiring Pace Slows

ADP reported a slowdown in hiring pace in the US private sector. Experts link this to economic uncertainty and the Fed's decision to raise interest rates.


US Private Sector Hiring Pace Slows

Company «ADP» reported on hiring pace in US private sector... ADP has released new data on the labor market in the United States. According to the report, hiring rates in the private sector remain stable, although they have slowed compared to previous months. Experts link this to economic uncertainty and the Federal Reserve's decision to raise interest rates. «We are seeing a cautious approach from employers,» a company analyst said. «They prefer to hire staff on temporary contracts before offering permanent positions.» It was previously reported that unemployment in the US reached a historic low.

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