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ADP National Employment Report Increased by 128,000 jobs in May 2022
Private sector employment increased by 128,000 jobs from April to May according to the May ADP® National Employment ReportTM. The April total of jobs added was revised from 247,000 to 202,000.
“Under a backdrop of a tight labor market and elevated inflation, monthly job gains are closer to pre-pandemic levels,” said Nela Richardson, chief economist, ADP. “The job growth rate of hiring has tempered across all industries, while small businesses remain a source of concern as they struggle to keep up with larger firms that have been booming as of late.”
Posted: June 2, 2022 Thursday 08:15 AM