RTTNews - Private sector employment experienced another notable decline in the month of May, according to a report released by Automatic Data Processing, Inc. (ADP) on Wednesday, with the decrease in jobs slightly exceeding economist estimates.

ADP said non-farm private employment fell by 532,000 jobs in May following a revised decrease of 545,000 jobs in April. Economists had expected a decrease of about 525,000 jobs compared to the decline of 491,000 jobs originally reported for the previous month.

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