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U.S. private sector adds 253,000 jobs in May -ADP
June 1, 2017 / 12:24 PM / 7 months ago

U.S. private sector adds 253,000 jobs in May -ADP

    June 1 (Reuters) - U.S. private employers added 253,000 jobs in May, above economists'
expectations, a report by a payrolls processor showed on Thursday.
    Economists surveyed by Reuters had forecast the ADP National Employment Report would show a
gain of 185,000 jobs, with estimates ranging from 155,000 to 240,000.
    Private payroll gains in the month earlier were revised down to 174,000 from an originally
reported 177,000 increase.
    The report is jointly developed with Moody's Analytics.
    The ADP figures come ahead of the U.S. Labor Department's more comprehensive non-farm
payrolls report on Friday, which includes both public and private-sector employment.
    Economists polled by Reuters are looking for U.S. private payroll employment to have grown by
173,000 jobs in May, down from 194,000 the month before. Total non-farm employment is expected to
have changed by 185,000.
    The unemployment rate is forecast to stay steady at the 4.4 percent recorded a month earlier.

 ADP private     Month      Reuters    Prior month     Prior    Economists     Low        High
   payroll                    Poll       original      month      Polled     Estimate   Estimate
   253,000        May       185,000      177,000      174,000       39       155,000     240,000

 (Reporting by Dan Burns; Editing by Marguerita Choy)

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