News

Business

On HALO

6 days ago

Private sector adds 122,000 jobs in May, above expectations, ADP says

This is a breaking news story about the ADP national employment report for May. Please check back for updates.Companies in the private sector added 122,000 jobs in May, payroll processing firm ADP said in its latest report on Wednesday.The figure is above economists’ estimates of a gain of 117,000 jobs. The prior month's payrolls number was revised lower to a gain of 105,000 from an initially reported gain of 109,000.TOP CEOS BRACE FOR DOWNTURN, WARN US ECONOMY WILL WORSEN IN NEXT 6 MONTHSHOW AI EXPOSURE IS RESHAPING JOBS IN CREATIVE FIELDSThe ADP data is released before the Labor Department's...