Private Job Growth Hits Two-Year Low Amid Trump Tariffs: 'Hiring Is Losing Momentum'
Private hiring sharply declined to its slowest pace in more than two years as President Donald Trump's sweeping tariffs have shaken the economy throughout 2025.
Businesses added just 37,000 jobs in May, according to the ADP National Employment Report released on Wednesday, June 4. That was the lowest level since March 2023, falling below April's downwardly revised figure of 60,000.
The disappointing job total missed the Dow Jones forecast of 110,000, CNBC reported.
"After a strong start to the year, hiring is losing momentum," ADP chief economist Dr. Nela Richardson said. "Pay growth, howe…
Westfield Tops Mass As City With 'Most Bang For Your Buck': Survey
Massachusetts may not be the first place that comes to mind for affordable living, but a new national survey highlights three cities that combine low costs with the amenities homeowners crave.
Westfield, Gardner, and Fitchburg were named the best options for homebuyers in the Bay State, according to a new report by Advance America.
The list, compiled after surveying more than 3,000 real estate professionals, focused on U.S. cities where residents can find affordable homes, a reasonable cost of living, and a high quality of life. While cities in Florida, Texas, and the Carolinas dominated th…