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US ADP Employment Change 4-week average drops to 20K

Private-sector hiring in the US has further cooled in late June. According to the NER Pulse, the weekly companion to the ADP National Employment Report, companies added an average of 20K jobs per week in the four weeks ending June 20.That marks an acceptable pullback from the prior reading (24.25K), showing a potential impasse in hiring. Read the full article here

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Ford Explorer recalls affected millions over defective plastic pins

Ford Explorer owners may be surprised to learn that the auto part responsible for a series of recalls isn’t related to the SUV’s engine, but a $5 plastic clip that can be easily replaced. The motor giant has issued three recalls for the fifth-generation Ford Explorer for plastic retention pins…

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