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ADP: Private Sector Adds 133,000 Jobs in May

31 May 2012

U.S. private-sector employment rose by 133,000 in May, seasonally adjusted, according to the national employment report released today by Automatic Data Processing Inc. (NASD: ADP). Meanwhile, April’s employment growth was revised downward to 113,000, from the initially reported 119,000.

The service-providing sector added 132,000 jobs in May, while employment in the goods-producing sector rose by 1,000.

“This month’s ADP National Employment Report shows an increase of 133,000 new jobs, nearly entirely driven by the service-providing sector,” said President and CEO Carlos Rodriguez. “Over the first quarter of 2012, monthly employment gains averaged just over 200,000. However, during the first two months of the second quarter, the average monthly employment gain slipped to 123,000. We hope to see expanded job creation in the future, fueled by greater performance in the goods-producing and service-providing sectors alike.”

Small businesses, those with fewer than 50 workers, added 67,000 jobs in May. Large business, those with 500 or more workers, gained 9,000 jobs. Midsize businesses added 57,000 jobs.

The report is derived from a sample of ADP data that averaged approximately 500,000 U.S. business clients. During 2011, this subset averaged about 344,000 U.S. business clients, representing more than 21 million U.S. employees.

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