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.