U.S. Companies Add 253,000 Jobs in May ADP Report

More good news!
ADP Data on Business Hiring Gain Shows Solid U.S. Job Market

  • Private payrolls rose by 253k (est. 180k) after revised 174k gain in April
  • Goods-producing industries, which include manufacturers and builders, increased headcounts by 48k after 6k
  • Service providers boosted payrolls by 205k, the most since November, after 167k
Their numbers are almost invariably higher than the actual figures put out by the BLS. Wait until tomorrow when the real figures get released.
 
Any where close is a good sign.
More good news!
ADP Data on Business Hiring Gain Shows Solid U.S. Job Market

  • Private payrolls rose by 253k (est. 180k) after revised 174k gain in April
  • Goods-producing industries, which include manufacturers and builders, increased headcounts by 48k after 6k
  • Service providers boosted payrolls by 205k, the most since November, after 167k
Their numbers are almost invariably higher than the actual figures put out by the BLS. Wait until tomorrow when the real figures get released.
 

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