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ADP: Private Sector Jobs Rise 128,000 in May

June 2, 2022

Private sector employment increased by 128,000 jobs from April to May according to the May ADP National Employment Report. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute in collaboration with Moody's Analytics.

The report, which is derived from ADP's actual data of those who are on a company's payroll, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.

 

Total U.S. Nonfarm Private Employment:     128,000

By Company Size
- Small businesses:     -91,000

  • 1-19 employees     -78,000
  • 20-49 employees     -14,000

- Medium businesses:     97,000

  • 50-499 employees     97,000

- Large businesses:     122,000

  • 500-999 employees     46,000
  • 1,000+ employees     77,000

By Sector
- Goods-producing:     24,000

  • Natural resources/mining     5,000
  • Construction     -2,000
  • Manufacturing     22,000

- Service-providing:     104,000

  • Trade/transportation/utilities     8,000
  • Information     -2,000
  • Financial activities     10,000
  • Professional/business services     23,000
         - Professional/technical services     19,000
         - Management of companies/enterprises     1,000
         - Administrative/support services     4,000
  • Education/health services     46,000
         - Health care/social assistance     41,000
         - Education     5,000
  • Leisure/hospitality     17,000
  • Other services     2,000

* Sum of components may not equal total, due to rounding.

- Franchise Employment**

  • Franchise jobs     26,400

"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."

The matched sample used to develop the ADP National Employment Report was derived from ADP payroll data, which represents 460,000 U.S. clients employing nearly 26 million workers in the U.S. The April total of jobs added was revised from 247,000 to 202,000.  

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