ADP National Employment Report: Private Sector Employment Increased by 128,000 Jobs in May
Private sector employment increased by 128,000 jobs from April to May according to the May ADP® National Employment ReportTM. 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.
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May 2022 Report Highlights
View the ADP National Employment Report Infographic at www.adpemploymentreport.com.
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
**Complete details on franchise employment can be found here.
"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.
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 2022 ADP National Employment Report will be released at 8:15 a.m. ET on July 7, 2022.
READ MORE: ADP National Employment Report: Private Sector Employment Increased by 475,000 Jobs in February
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