ADP reports 122,000 private payrolls added in May, stronger than expected

The broader hiring trend suggests continued labor market resilience ahead of the official nonfarm payrolls report.

By Handelsavisen Newsroom · Automated 2026-06-03 16:14 UTC · 1 min read

Private-sector hiring accelerated in May, with 122,000 jobs added, according to ADP's report released Wednesday.

This figure exceeds the 105,000 jobs added in April and surpasses market expectations, signaling a stable and resilient labor market.

The latest numbers align with the April report, which showed a stronger-than-expected 115,000 jobs added, further supporting the case for a robust labor market.

The growth was more evenly distributed across sectors compared to previous months, which had seen concentrated gains in healthcare and a few other industries.

This broad-based expansion could reinforce the Federal Reserve's cautious stance on rate cuts.

The ADP data often serves as a precursor to the official nonfarm payrolls report, which is due for release later this month.

The latest numbers align with the April report, which showed a stronger-than-expected 115,000 jobs added, further supporting the case for a robust labor market.