Private Sector Adds Fewer Jobs Than Expected


U.S. private employers created 133,000 jobs in May, fewer than expected, 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 148,000 jobs. April's figure was revised down slightly to an increase of 113,000 from the previously reported 119,000.

The report is jointly developed with Macroeconomic Advisers LLC.