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Reduction in labor force participation, plus downward revision in April job numbers, suggest global slowdown is affecting domestic economy.
Not terribly; a recent report indicates Federal Reserve systems were breached more than 50 times over past five years.
Speech today suggests initial hike in federal funds rate is likely at this month's FOMC meeting.
Between the Greek drama and mixed domestic economic indicators, some now expect the Fed to hold off till December or later.
GDP barely grew as harsh winter chilled investments and exports; ADP reports healthy jobs data for April.
ADP says the 130,000 increase was the smallest in six months.