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Private sector hiring rose by just 37,000 in May, the lowest in more than two years, ADP says
- In May 2025, job growth among U.S. private-sector companies slowed to 37,000 positions, representing the smallest monthly increase observed since March 2023, according to ADP's latest report.
- This slowdown followed a revised April gain of 60,000 jobs and came amid rising economic uncertainty, tariff pressures, and mixed forecasts expecting over 100,000 jobs.
- The May job gains mainly included increases in leisure and hospitality, financial services, and information sectors, while goods-producing industries lost jobs.
- ADP Chief Economist Nela Richardson noted that although hiring was robust earlier in the year, it has recently begun to slow down, reflecting employers' cautious approach amid ongoing uncertainty.
- The weak May job growth suggests slower labor market momentum but stable pay growth of 4.5% year-over-year, indicating some wage resilience despite hiring caution.
63 Articles
63 Articles
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US Employers Add the Lowest Number of Workers in 2 Years: Report
U.S. private-sector employers added the lowest number of workers in more than two years this May. Private payrolls increased by only 37,000 jobs last month, the smallest gain since March 2023, after a downwardly revised increase of 60,000 in April, the ADP National Employment Report showed on Wednesday. ...
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