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Private payrolls grew by 122,000 in May, stronger than expected, ADP reports
Private payrolls increased by 122,000 in May, exceeding expectations according to ADP. Unlike previous months, job growth was broad-based rather than concentrated in healthcare and a few other sectors.
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Adjacent reporting
- Private payrolls rose by 109,000 in April, topping expectations, ADP says
- U.S. payrolls increased 115,000 in April, more than expected; unemployment at 4.3%
- Employers added 115,000 jobs in April, blowing past forecasts
- U.S. added 115K jobs in April, nearly doubling expectations
- ADP says businesses create the most new jobs in 16 months. Hiring rebounds after a lull.
- US added 115K jobs in April, beating expectations