ADP Says Private-Sector Hiring Stayed Strong Last Month
ADP Says Private-Sector Hiring Stayed Strong Last Month
Private companies added a net 122,000 jobs in May, ADP said, compared with 105,000 additions in April and economists expectations of 110,000 new jobs.
U.S. Services-Sector Activity Continued to Expand in May
The Institute for Supply Management's purchasing managers index for services providers was 54.5 compared with 53.6 in April.
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ADP Says Private-Sector Hiring Stayed Strong Last Month
Unlike prior months, where job growth was concentrated in healthcare and a few other sectors, gains were more broad-based.
Private sector employment growth kept pace, but health care and construction continued to provide nearly all the momentum.
The payrolls processor said hiring was the strongest since January 2025, with gains spread across industries, company sizes, and…
Employment in the US private sector grew more than expected in May, payroll firm ADP said Wednesday, with hiring seen across a…
The report provided more evidence of a stable labor market and less incentive for the Fed to lower interest rates.
US private sector hiring beats expectations in May: ADP
