Report: Private Sector Employment Increased by 27,000 Jobs in May

On Jun 7, 2019

Private sector employment increased by 27,000 jobs from April to May, according to the May ADP National Employment Report.

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

May 2019 Report Highlights*

Total U.S. Nonfarm Private Employment: 27,000

By Company Size

• Small businesses: -52,000
o 1-19 employees -50,000
o 20-49 employees -2,000

• Medium businesses: 11,000
o 50-499 employees 11,000

• Large businesses: 68,000
o 500-999 employees 9,000
o 1,000+ employees 59,000

By Sector:

• Goods-producing: -43,000
o Natural resources/mining -4,000
o Construction -36,000
o Manufacturing -3,000

• Service-providing: 71,000
o Trade/transportation/utilities 0
o Information -3,000
o Financial activities 13,000
o Professional/business services 22,000

▪ Professional/technical services 14,000

▪ Management of companies/enterprises 3,000

▪ Administrative/support services 5,000
o Education/health services 33,000

▪ Health care/social assistance 34,000

▪ Education -1,000
o Leisure/hospitality 16,000
o Other services -9,000

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

• Franchise Employment

o Franchise jobs -4,800

“Following an overly strong April, May marked the smallest gain since the expansion began,” said Ahu
Yildirmaz, vice president and co-head of the ADP Research Institute. “Large companies continue to
remain strong as they are better equipped to compete for labor in a tight labor market.”

Mark Zandi, chief economist of Moody’s Analytics, said, “Job growth is moderating. Labor shortages are impeding job growth, particularly at small companies, and layoffs at brick-and-mortar retailers are hurting.”

The matched sample used to develop the ADP National Employment Report was derived from ADP
payroll data, which represents 411,000 U.S. clients employing nearly 24 million workers in the U.S. The
April total of jobs added was revised down from 275,000 to 271,000.

To obtain additional information about the ADP National Employment Report, including additional charts, supporting data and the schedule of future release dates, or to subscribe to the monthly email alerts and RSS feeds, please visit www.adpemploymentreport.com.

The June 2019 ADP National Employment Report will be released at 8:15 a.m. ET on July 3, 2019.

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