#labor-market · How AI Is Reshaping Work

ADP's June 3 release pegged May private payrolls at +122K, above the +99K consensus and broad-based across eight of ten sectors — but information services lost 9,000 jobs, the steepest monthly drop ADP recorded all year.

BLS's June 2 print pegged April openings at 7.62M — the highest since mid-2024, a 731K jump, the biggest single-month rise since 2021 — while hires fell 419K to 5.12M. Postings aren't turning into offers.