Economists expected 215,000 new private sector jobs in May, but the economy couldn’t even achieve that paltry number. ADP reported that only 179,000 new private sector jobs were added last month.

Payroll processor ADP reported Wednesday morning that the U.S. private sector added just 179,000 jobs in May, indicating that job growth failed to keep up with expectations — economists were expecting the figure to come in at 215,000 — as well as growth levels from prior months. ADP also revised its April reading from 220,000 jobs added to 215,000.

“After a strong post-winter rebound in April, job growth in May slowed somewhat,” Carlos Rodriguez, ADP president and CEO, said in a statement Wednesday morning. However, he added that in a longer view, May’s job growth doesn’t look quite so tepid. “The 179,000 jobs added figure is higher than May of last year and in line with the average over the past twelve months,” he said.

Nice spin, it’s a wee bit better than last year, which was horrible, so everything is just fine.

In other economic news, the trade deficit soared to a two year high, and productivity plunged in the first quarter.

Read more:http://lonelyconservative.com/2014/06/ad...Conservative%29

And since they're such liars it was probably only half of what they admit to, IF that.