Private sector adds 55,000 jobs in May

Private-sector employers added jobs for the fourth month in a row in May, according to a survey released Thursday by a payroll processor.

Automatic Data Processing, which processes paychecks for one in every six U.S. employees, said private-sector employers added 55,000 jobs to their payrolls in May, down from a upwardly revised 65,000 increase in April.

The nMay increase fell short of the 60,000 jobs economists surveyed by Briefing.com forecasted for the report.

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- Posted: 2010-06-03 10:31:54

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