Job Creation Slows Amid Big Cuts in Manufacturing

Job creation in the U.S. is demonstrating signs of slowing as wages remain flat.That’s according to the monthly report on private sector employment released Wednesday (June 5) by ADP. It showed the private sector adding 152,000 jobs in May, down from 188,000 the month before.The trend was driven, the report said, by a “steep decline in manufacturing,” with that sector losing 20,000 jobs in May. The leisure and hospitality space also saw hiring cool, adding 12,000 jobs in the month.“Job gains and pay growth ...