A report says that nearly a million workers were hired by private companies in the US during MayUS companies hired nearly a million new workers in May, according to a report.
Private payrolls increased by 978,000 jobs last month - the biggest increase since June last year and well above the revised total for April of 654,000.vaccination programme allowing life to get closer to normal again. The releasing of pent-up demand, however, is contributing to shortages in workers and raw materials, creating a drag on recovery.
The ADP National Employment Report is developed with Moody's Analytics and comes ahead of the US Labor Department's more comprehensive analysis, which is due on Friday.It uses different methodology and has not always correctly predicted private payrolls, having over-estimated the count for April, and under-stated growth for some of the past year.More from Business