Is this spike in job growth a sign that businesses are hopeful for the economy under the Trump administration? According to the May, 2017 ADP Employment Report, the private sector added 253,000 jobs in the month of May, up from 174,00 jobs added in April. Small businesses account for one-third for the workforce creating 83,000 new jobs last month with increases in construction, education and health, and professional business services. Mark Zandi, Chief Economist at Moody’s Analytics is hopeful that the government's 4.4 percent unemployment rate will soon drop below 4 percent.