Private Sector Employment Gains Top Expectations in May

• ADP Employment Change (May) 253K vs 180K Expected

Private sector employment increased by 253,000 jobs from April to May according to the May ADP National Employment Report. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute in collaboration with Moody's Analytics. The report, which is derived from ADP's actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.

May 2017 Report Highlights*

View the ADP National Employment Report Infographic at www.adpemploymentreport.com.

Total U.S. Nonfarm Private Employment: 253,000

By Company Size

• Small businesses: 83,000
  • 1-19 employees 38,000
  • 20-49 employees 45,000
• Medium businesses: 113,000
  • 50-499 employees 113,000
• Large businesses: 57,000
  • 500-999 employees 27,000
  • 1,000+ employees 30,000

By Sector

• Goods-producing: 48,000
  • Natural resources/mining 3,000
  • Construction 37,000
  • Manufacturing 8,000
• Service-providing: 205,000
  • Trade/transportation/utilities 58,000
  • Information -8,000
  • Financial activities 7,000
  • Professional/business services 88,000
    • Professional/technical services 35,000
    • Management of companies/enterprises 7,000
    • Administrative/support services 46,000
  • Education/health services 54,000
    • Health care/social assistance 34,000
    • Education 20,000
  • Leisure/hospitality -11,000
  • Other services 15,000

* Sum of components may not equal total, due to rounding.

• Franchise Employment**
  • Franchise jobs 18,400

**Complete details on franchise employment can be found here.

"May proved to be a very strong month for job growth," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. "Professional and business services had the strongest monthly increase since 2014. This may be an indicator of broader strength in the workforce since these services are relied on by many industries."

Mark Zandi, chief economist of Moody's Analytics, said, "Job growth is rip-roaring. The current pace of job growth is nearly three times the rate necessary to absorb growth in the labor force. Increasingly, businesses' number one challenge will be a shortage of labor."

To see Chart 1. Change in Total Nonfarm Private Employment, please click here: http://media.marketwire.com/attachments/201706/MOD-103111_Chart1.jpg

To see Chart 2. Historical Trend -- Change in Total Nonfarm Private Employment, please click here: http://media.marketwire.com/attachments/201706/MOD-103112_Chart2.jpg

To see Chart 3. Change in Nonfarm Private Employment by Selected Industry, please click here: http://media.marketwire.com/attachments/201706/MOD-103113_Chart3.jpg

To see Chart 4. Change in Nonfarm Private Employment by Company Size, please click here: http://media.marketwire.com/attachments/201706/MOD-103114_Chart4.jpg

The matched sample used to develop the ADP National Employment Report was derived from ADP payroll data, which represents 411,000 U.S. clients employing nearly 24 million workers in the U.S. The April total of jobs added was revised down from 177,000 to 174,000.

To obtain additional information about the ADP National Employment Report, including additional charts, supporting data and the schedule of future release dates, or to subscribe to the monthly email alerts and RSS feeds, please visit www.adpemploymentreport.com.

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