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Hiring Has Expanded Beyond Healthcare, Richardson Says

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ADP's Nela Richardson said hiring has broadened beyond health care, with payroll gains spread across 8 of 10 major sectors. Initial U.S. jobless claims rose by 13,000 in the week ending May 30, pointing to a modest softening in labor-market conditions. The update is mostly factual and should have limited immediate market impact.

Analysis

ADP's Nela Richardson said hiring has broadened beyond health care, with payroll gains spread across 8 of 10 major sectors. Initial U.S. jobless claims rose by 13,000 in the week ending May 30, pointing to a modest softening in labor-market conditions. The update is mostly factual and should have limited immediate market impact.

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