WASHINGTON (AP) — A private survey shows U.S. businesses added just 135,000 jobs in May, the second straight month of weak gains.
Payroll provider ADP said Wednesday that May's gain was above April's revised total of 113,000. But it's much lower than the gains ADP reported over the winter, which averaged more than 200,000 a month from November through February.
Mark Zandi, chief economist at Moody's Analytics, blamed the slowdown on higher taxes and steep government spending cuts enacted this year.
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