The private sector continues driving employment gains in the United States, posting the largest job growth in more than a year.
Private employers added 122,000 new jobs in May—the highest since January 2025—according to new data from payroll processor ADP released on June 3.
This is slightly down from the previous month’s revised 105,000.
Last month’s reading came in above the consensus estimate of 117,000.
“Hiring was more broad-based in May than we’ve seen in the last few years. The labor market continues to show sustained momentum going into the summer hiring season,” Nela Richardson, chief economist at ADP, said in a news release….