Private businesses in the US hired 978 thousand workers in May of 2021, well above a downwardly revised 654 thousand in April and forecasts of 650 thousand. It is the highest reading since June of 2020 as the labor market continues to recover amid a rapid reopening, despite labor and raw material shortages. The service-providing sector added 850 thousand jobs led by leisure & hospitality (440 thousand); education & health (139 thousand); trade, transportation & utilities (118 thousand); professional & business (68 thousand); and financial activities (20 thousand) while the information sector lost 3 thousand jobs. The goods-producing sector added 128 thousand jobs, boosted by rises in construction (65 thousand), manufacturing (52 thousand) and natural resources and mining (11 thousand). Companies of all sizes experienced an uptick in job growth, reflecting the improving nature of the pandemic and economy. source: Automatic Data Processing, Inc.
ADP Employment Change in the United States averaged 42.90 Thousand from 2001 until 2021, reaching an all time high of 4350 Thousand in June of 2020 and a record low of -19392 Thousand in April of 2020. This page provides the latest reported value for - United States ADP Employment Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States ADP Employment Change - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.
ADP Employment Change in the United States is expected to be 350.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate ADP Employment Change in the United States to stand at 190.00 in 12 months time. In the long-term, the United States ADP Employment Change is projected to trend around 150.00 Thousand in 2022 and 210.00 Thousand in 2023, according to our econometric models.