FX.co ★ US Job Growth Eases but Remains Strong

U.S. private employers added an average of 29,000 jobs per week over the four weeks ending May 23, 2026, according to the ADP Research Institute. This is a slight decline from the prior four-week period, when weekly job gains averaged 30,500, and it marks the third straight week of moderating job growth. Even so, ADP’s monthly report for May showed private-sector payrolls rising by a net 122,000 jobs, the largest increase since January 2025. Commenting on the data, Dr. Nela Richardson, ADP’s Chief Economist, said, “Hiring was more broad-based in May than we’ve seen in the last few years. The labor market continues to show sustained momentum going into the summer hiring season.”