2 Question Tuesday Presented by Focused Wealth Management

6/10/2025 - What’s Up with ADP Saying Hiring Decelerated and the Government Reporting the Number of Jobs Rose? How Will Trump Doubling Tariffs on Steel and Aluminum to 50% Affect the Economy?


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Phil, Mike, and Larry explain how an ADP Research report that said hiring decelerated to the slowest pace in two years — pointing to a weakened demand for workers — can exist with the Bureau of Labor Statistics reporting that non-farm payrolls rose for May, beating the estimate. They then talk about President Trump doubling the tariffs on steel and aluminum to 50% and how will this affect the economy.

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2 Question Tuesday Presented by Focused Wealth ManagementBy Focused Wealth Management