ADP

The job market continued to grow last month, but wage growth slowed, ADP reported.

A variety of business groups have been filing lawsuits to stop the Department of Labor's overtime rule, which is set to go into effect on July 1.

The jobs market showed signs of a slowdown last month as the private sector added 152,000 jobs in May, while annual pay grew 5% year over year, ADP reported.

Annual pay increased 5.0% year over year, ADP reported.

Private sector employers added 184,000 jobs in March as annual pay rose 5.1% year over year, payroll company ADP reported.

The service-providing sector added 110,000 jobs for the month, including 5,000 in professional and business services such as accounting and tax preparation.

ADP announced the launch of ADP Assist, a generative AI assistant.

Private sector employers added 107,000 jobs in January as annual pay grew 5.2% on a year-over-year basis, payroll giant ADP reported.

The service-providing sector added 155,000 jobs, including 1,000 in professional and business services.

Annual pay rose 5.6% year-over-year, payroll giant ADP reported, seeing signs of a hiring slowdown for next year.