US EditionPrivate sector hiring rose by just 37,000 in May, the lowest in more than two years, ADP says
- In May 2025, U.S. Private payrolls grew by 37 thousand positions, representing the smallest monthly job gain since March 2023, according to ADP.
- This slowdown follows a revised April gain of 60,000 jobs and comes amid economic uncertainty linked to trade policy and tariff changes.
- The goods-producing sector lost 2,000 jobs, while leisure, hospitality, and financial services added 38,000 and 20,000 jobs respectively, according to ADP data.
- Chief economist Nela Richardson noted that while the year began with robust job growth, the pace of hiring has begun to slow, reflecting a cautious approach among employers in the labor market.
- The weak hiring pace suggests easing labor market momentum and uncertainty, with pay growth steady at 4.5% year-over-year for job-stayers, implying continued stability.
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63 Articles
Churn goes the labor market
Unemployment filings and layoffs are rising, and private sector hiring hit a two-year low, recent reports show. Is it just healthy turnover or should we be worried about the direction the labor market is headed? For now, analysts are split. Also in this episode: Reddit sues an AI firm for scraping its user data and Kai spends more time in Utah County with ADP’s Nela Richardson exploring the obstacles and opportunities that come with a young popu…
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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