U.S. private payrolls increased by only 37,000 jobs in May, significantly below the forecast of 110,000, according to the ADP National Employment Report published Wednesday. This follows a downwardly revised 60,000 rise in April. The labor market continues to ease amid economic uncertainty, with job openings rebounding but layoffs rising. The more comprehensive employment report from the U.S. Labour Department’s Bureau of Labor Statistics is due on Friday.
U.S. private payrolls growth comes in far below expectations in May
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TL;DR: Key points with love ❤️U.S. private payrolls increased by only 37,000 jobs in May, significantly below the forecast of 110,000, according to the ADP National Employment Report published Wednesday. This follows a downwardly revised 60,000 rise in April. The labor market continues to ease amid economic uncertainty, with job openings rebounding but layoffs rising. The more comprehensive employment report from the U.S. Labour Department’s Bureau of Labor Statistics is due on Friday.
Trending- 1 April: Private payrolls rose by a downwardly revised 60,000; job openings rebounded, but layoffs rose.
- 2 May: Private payrolls increased by 37,000 jobs.
- 3 Wednesday (2025-06-04): The ADP National Employment Report was published.
- 4 Friday: The more comprehensive employment report for May from the U.S. Labour Department’s Bureau of Labor Statistics is due.
- Indicates a cooling U.S. labor market
- Contributes to economic uncertainty
- May influence future economic policy decisions
What: U.S. private payrolls growth came in far below expectations in May.
When: May (last month); April (previous month); Wednesday (ADP report published); Friday (BLS report due).
Where: United States.
Why: The article suggests the labor market continues to ease amid economic uncertainty, including from tariffs.
How: Private payrolls increased by 37,000 jobs, as reported by the ADP National Employment Report, which was significantly lower than economists' forecasts.