<p>In May, the ADP employment number in the United States increased by 37,000, hitting a two-year low and falling short of the expected value of 114,000. The previous value was revised from 62,000 to 60,000. The data shows that the hiring pace of U.S. companies has slowed to its lowest level in two years, indicating weakened hiring demand. &#34;The year started strong, but the momentum in hiring is waning,&#34; said ADP Chief Economist Nela Richardson in a statement on Wednesday</p>

<p>In May, the United States added 37,000 jobs according to ADP, marking a two-year low and falling short of the expected 114,000. The previous value was revised to 60,000. The data shows that the pace of hiring has slowed to its lowest level in two years, indicating weakened hiring demand. ADP Chief Economist Nela Richardson stated, "The year started strong, but the momentum in hiring is weakening."</p>

Quick Review of the U.S. May ADP Report