partlycloudy
Friday August 26th, 2016 3:57PM

Survey: US companies added 179,000 jobs in May

By The Associated Press
WASHINGTON (AP) -- A private survey shows U.S. businesses pulled back on hiring in May, adding the fewest jobs in four months.<br /> <br /> Payroll processer ADP says private employers added 179,000 jobs last month, down from 215,000 in the previous month. April's figure was revised slightly lower.<br /> <br /> The figure suggests the government's jobs report, to be released Friday, could also show a modest slowdown from April's big gain of 288,000 jobs. But the ADP numbers cover only private businesses and often diverge from the government's more comprehensive report.<br /> <br /> The slowdown in the ADP figures occurred mostly in professional and business services, a category that includes many higher-paying jobs such as accountants and engineers, but also lower-paid temporary workers. That category gained 46,000 jobs, compared to 75,000 in April.
© Copyright 2016 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.