ADP Employment Report At a Glance
- Total Nonfarm Private Employment: 116,109,000
- Monthly Change: Up 40,000
- Products Producing Sector: 21,827,000
- Monthly Change: Down 37,000
- Service Producing Sector: 94,282,000
- Monthly Change: Up 77,000
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May, 2008
Nonfarm private employment increased 40,000 from April to May 2008 on a seasonally adjusted basis, according to the ADP National Employment ReportTM. The estimated change in employment from March to April was revised up from an increase of 10,000 to an increase of 13,000.
Though May’s estimate for a moderate increase in employment is above consensus forecasts of an outright decline, it nevertheless suggests continued weakness in employment.
ADP Employment Report - May 2008 [PDF]
Source: ADP
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