The report came in lower than many economists had forecast, and although the numbers do not reflect official government data, often the two reports mirror similar trends in the labor force. Among businesses that employ less than 50 people, 58,000 new jobs were created, while 39,000 jobs were added in medium and large businesses. The report also revised down its number for April, which fell to 113,000.
"U.S. private sector employment increased by 135,000 jobs during the month of May 2013, a slight increase over the previous month of April," said Carlos Rodriguez, president and CEO of ADP. "The majority of new jobs in May came from the service-providing sector, which added a total of 138,000 jobs, while the goods-producing sector recorded a loss of 3,000 jobs. Notably, a gain of 5,000 jobs in the construction industry during May was offset by a decline of 6,000 lost jobs in the manufacturing industry."
According to The Wall Street Journal, economists who were surveyed by Dow Jones Newswires said they forecast the ADP report to show a gain of about 170,000 jobs. The bulk of all hiring last month was in the services sector, which added 138,000 jobs. However, the goods-producing industry lost 6,000 jobs last month.
The Journal pointed to another report that was released on Wednesday, which also showed that 135,000 jobs were added last month. The survey, conducted by TrimTabs Investment Research, also showed that the monthly average for job creation may stand at 121,000, which would not be substantial enough to have brought down the unemployment rate. Most economists say this will remain at 7.5 percent.