ADP: 122,000 jobs added in May

[my2¢]

Ahead of Friday's May employment report, ADP's report on private sector jobs this morning reports that 122,000 jobs were added. Great news.

(Link)

 

[Darkwind]

Ahead of Friday's May employment report, ADP's report on private sector jobs this morning reports that 122,000 jobs were added. Great news.

It is good news, not good enough, but good. The question is, what will the revision bring?

 

[my2¢]

It is good news, not good enough, but good. The question is, what will the revision bring?

I am over-enthused considering the mass layoffs at Spirit airlines that took place last month. And I almost forgot A.I.

Two employment reports and the Consumer Price Index which comes out a week from today, are the only economic reports I follow. I'm always ready to enjoy even "good" news as it's a tough world out there and I'm wishing all the best.

 

[Gabe Lackmann]

Oh, that's gonna get revised down in about three weeks.

The Orange Mirage only added 181,000 jobs in all of 2025.

Plus the bastard fired his BLS Secretary for providing accurate statistics. Fkn bum.

Back in August, Trump reacted to disappointing job-growth figures by calling them “rigged” and “phony” even though we found no evidence of that and the White House offered none. Trump fired BLS Commissioner Erika McEntarfer and nominated as her replacement E.J. Antoni, an economist at the conservative Heritage Foundation.

Trump's Numbers, Second Term - FactCheck.org

At the one-year mark of Trump's second term, we launch our "numbers" series, providing various statistical measures of his presidency thus far.

www.factcheck.org

Total job growth for 2025 was revised down to just 181,000, far below the initial estimate of 584,000, while manufacturing jobs declined by 63,000 during Trump's first 11 months in his second term.

Trump Tanked Job Growth to Almost Nothing in 2025

It was the worst year for job growth outside of a recession since 2003.

newrepublic.com

 

[1srelluc]

So the numbers will be better than that....ADP is not that reliable.

That said maybe that's why there is a lot of red ink in the market today. They hate when companies hire people.

 

[Hollie]

Oh dear. This is sure to deflate the gas bags who insist the sky is falling and that the economy will soon crash.

The stock indicies have predicted a growing economy with substantial gains for those who participated in the evil free market economy.

It needs to be noted that the jobs were in the private sector. Not loading up the government payroll as democrats have done.

Private Payrolls Jump 122,000, Biggest Increase Since January 2025

Private sector payrolls expanded by more than expected in May. | Economy

www.breitbart.com

Businesses in the U.S. added more jobs than expected in May, a signal that the economy’s demand for labor is accelerating.

Private-sector payrolls rose by 122,00, ADP Research said Wednesday, the biggest increase since January of 2025. The prior month’s estimate was revised down by 4,000 to 105,000.