Updated
Updated · ebc.com · Jul 1US Adds 122,000 May Jobs, Strongest Since Jan 2025 and Beating 110,000 Estimate
3 articles · Updated · ebc.com · Jul 1Summary
- 122,000 jobs were added in May in ADP’s report, topping the 110,000 consensus and marking the strongest monthly gain since January 2025.
- April’s count was revised down by 4,000, but hiring still broadened across the economy, with gains in eight of 10 sectors.
- Company size and geography showed an even spread of hiring, pointing to labor-market resilience rather than a narrow rebound.
- The ADP figures follow another May jobs report showing 172,000 payroll gains and 4.3% unemployment, reinforcing a picture of steady US hiring.
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