ADP: U.S. payrolls add 40,000 jobs in May

ROSELAND, N.J. – Employment at U.S. companies grew in May for the third consecutive month, according to preliminary data released today by ADP Employer Services. Nonfarm private payrolls grew to 116.11 million last month, adding a seasonally adjusted 40,000 jobs compared with the month before, after adding a revised 13,000 jobs in April. Analysts had…

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