Private job growth for May accelerated at its fastest pace in nearly a year as companies hired 970,000 workers, according to a report Thursday from payroll processing firm ADP.
It was a big jump from April’s 654,000 and the largest gain since the 4.35 million added in June 2020 as the national economy came out of its Covid-19 lockdown. Economists surveyed by Dow Jones had been looking for 680,000 in May.
The April total was revised sharply lower from the initially reported 742,000.
https://www.cnbc.com/2021/06/03/adp-private-payrolls-may-2021.html
Submitted June 03, 2021 at 09:04AM by KingSlayer94 https://ift.tt/3ieSkJW
