Private Job Growth Weaker Than Expected

Roseland, NJ, June 1, 2011 -- Private job growth slowed sharply in May, according to Automatic Data Processing Inc.’s employment report.

Employment in the nonfarm private business sector rose a seasonally adjusted 38,000 in May, well below the 175,000 increase expected by economists.

In April, private payrolls showed an increase of 177,000, ADP said.

The ADP report shows that the labor market is weakening, at least temporarily. Weekly jobless claims have risen over the past month.