Biden’s New Job Numbers: Sunday’s Comic

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Jobs Created Data Comes In from ADP, At Less Than Half Expected

Private-sector payroll numbers are out this morning from Automatic Data Processing ADP for the month of May, and they look somewhat disappointing: 128K new jobs in the private sector created last month was less than half the 300K expected, with April’s revision -45,000 to 202K.

This seems to represent a new cycle over the past three months now, well off the 500K+ new private-sector jobs we had been seeing previously. In fact, it’s the single-worst month in ADP headline jobs numbers since April 2020, in the early stages of the pandemic…

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3 Comments

  1. No NEW job have been created in reality, they are still trying to fill the open positions that were created by the stay at home crowd paid for by the TAXPAYER thanks to brandon. In fact more job losses are in the wind per mr musk

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