'Shockingly weak' job growth in May

By Laurie Segall and Annalyn Censky @CNNMoney June 1, 2011: 10:26 AM ET

NEW YORK (CNNMoney) -- Growth in the job market weakened in May, surprising economists and spurring them to call a report on private payrolls "shockingly weak," "grim," and even a "hairball."

"The ADP Employment report coughed up a hairball in May," Robert Dye, senior economist with the PNC Financial Services Group, said in a research note, referring to a report by payroll processing company ADP released Wednesday.

That report showed private sector employers added only 38,000 workers in May, far lower than the revised 177,000 jobs added in April and much weaker than economists had expected.

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http://money.cnn.com/2011/06/01/news/economy/jobs_adp_challenger/index.htm?iid=HP_LN&iid=EL