Private Sector Adds 179,000 Jobs in May

Economic Indicators FOXBusiness

.S. companies hired 179,000 workers in May, marking the lowest monthly increase since January and missing market expectations, a report by a payrolls processor showed on Wednesday.

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Private job gains in April were revised down to 215,000 from 220,000.

Economists surveyed by Reuters had forecast that the ADP National Employment Report would show a gain of 210,000 jobs in May.

The report is jointly developed with Moody's Analytics.

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