American private-sector employers added 122,000 jobs in May, with hiring spreading across nearly every major industry and company size, the ADP National Employment Report found.
Education and health services drove the month’s gains, adding 57,000 jobs. Trade, transportation, and utilities followed with 36,000, while professional and business services contributed 11,000. Information picked up 9,000 positions, and leisure and hospitality added 8,000.
Goods-producing sectors also expanded. Construction brought in 8,000 jobs, and natural resources and mining and manufacturing each added 3,000.
Smaller companies led hiring, with businesses of one to 49 employees accounting for 67,000 new jobs. Large employers of 500 or more workers added 40,000. Mid-sized companies filled in the rest.
Eight of 10 industry supersectors posted gains, and employers of every size were hiring, the report said.
“Hiring was more broad-based in May than we’ve seen in the last few years,” said Dr. Nela Richardson, ADP’s chief economist. “The labor market continues to show sustained momentum going into the summer hiring season.”
The monthly report tracks anonymized payroll data from more than 26 million U.S. workers and is produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.
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