ADP National Employment Report: Private Sector Employment Increased by 27,000 Jobs in May

Staff Report

Monday, June 10th, 2019

Private sector employment increased by 27,000 jobs from April to May according to the May ADP National Employment Report.  Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute in collaboration with Moody's Analytics.  The report, which is derived from ADP's actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.  

May 2019 Report Highlights*

Total U.S. Nonfarm Private Employment:     27,000

By Company Size

- Small businesses:     -52,000

1-19 employees     -50,000

20-49 employees     -2,000

- Medium businesses:     11,000

50-499 employees     11,000

- Large businesses:      68,000

500-999 employees      9,000

1,000+ employees     59,000

By Sector

- Goods-producing:     -43,000

Natural resources/mining     -4,000

Construction     -36,000

Manufacturing     -3,000

- Service-providing:     71,000

Trade/transportation/utilities      0

Information     -3,000

Financial activities     13,000

Professional/business services     22,000 
     - Professional/technical services     14,000 
     - Management of companies/enterprises     3,000
     - Administrative/support services     5,000

Education/health services     33,000
     - Health care/social assistance     34,000
     - Education     -1,000

Leisure/hospitality    16,000

Other services     -9,000

* Sum of components may not equal total, due to rounding.

- Franchise Employment**

Franchise jobs     -4,800

**Complete details on franchise employment can be found here.

"Following an overly strong April, May marked the smallest gain since the expansion began," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. "Large companies continue to remain strong as they are better equipped to compete for labor in a tight labor market."

Mark Zandi, chief economist of Moody's Analytics, said, "Job growth is moderating. Labor shortages are impeding job growth, particularly at small companies, and layoffs at brick-and-mortar retailers are hurting."