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- ADP Employment Report: private sector employment rose weaker than expected
ADP Employment Report: private sector employment rose weaker than expected
The U.S.
ADP employment report was released on Wednesday. Private sector employment
increased by 179,000 jobs for May, missing expectations for a gain by 217,000
jobs. April's figure was revised down to an increase of 215,000 from a rise of
220,000.
Goods-producing
employment climbed by 29,000 jobs in May, up from 21,000 jobs gained in April. Service-providing
employment increased by 150,000 jobs in May, down from 194,000 in April.
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