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ADP National Employment Report: Private Sector Employment Increased by 122,000 Jobs in May; Annual Pay was Up 4.4%

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ROSELAND, N.J., June 3, 2026 /PRNewswire/ — Private sector employment increased by 122,000 jobs in May and pay was up 4.4 percent year-over-year according to the May ADP National Employment Report® produced by ADP Research in collaboration with the Stanford Digital Economy Lab (“Stanford Lab”).  

The ADP National Employment Report is an independent measure of the labor market based on the anonymized weekly payroll data of more than 26 million private-sector employees in the United States. ADP’s Pay Insights captures over 15 million individual pay change observations each month. Together, the jobs report and pay insights use ADP’s fine-grained data to provide a representative and highfrequency picture of the private-sector labor market.

“Hiring was more broad-based in May than we’ve seen in the last few years,” said Dr. Nela Richardson, chief economist, ADP. “The labor market continues to show sustained momentum going into the summer hiring season.”

May 2026 Report Highlights

View the ADP National Employment Report and interactive charts at www.adpemploymentreport.com.

JOBS REPORT 

Private employers added 122,000 jobs in May
Eight out of 10 supersectors showed gains last month, and employers of all sizes were hiring.

Change in U.S. Private Employment:     122,000

Change by Industry

– Goods-producing:     8,000

Natural resources/mining     -3,000 Construction     8,000 Manufacturing     3,000

– Service-providing:     114,000

Trade/transportation/utilities     36,000 Information     -9,000 Financial activities     7,000 Professional/business services     11,000 Education/health services     57,000 Leisure/hospitality     8,000 Other services     4,000 

Change by U.S. Regions

– Northeast:     35,000  

New England     18,000 Mid-Atlantic     17,000 

– Midwest:     21,000 

East North Central     13,000 West North Central     8,000 

– South:     23,000 

South Atlantic     -12,000 East South Central     14,000 West South Central     21,000 

– West:     45,000 

Mountain     20,000 Pacific     25,000 

Change by Establishment Size

– Small establishments:     67,000 

1-19 employees     49,000 20-49 employees     18,000 

– Medium establishments:     17,000 

50-249 employees     10,000 250-499 employees     7,000 

– Large establishments:     40,000 

500+ employees     40,000 

PAY INSIGHTS 

Pay for job-stayers rose 4.4 percent in May
Year-over-year pay growth for job-stayers was steady at 4.4 percent. For job-changers, the pace of growth slowed slightly, to 6.5 percent from 6.6 percent in April.

Median Change in Annual Pay 

– Job-stayers     4.4% 
– Job-changers     6.5% 

Median Change in Annual Pay for Job-Stayers by Industry

– Goods-producing:     

Natural resources/mining     4.2% Construction     4.5% Manufacturing     4.8%

– Service-providing:          

Trade/transportation/utilities     4.4%Information     4.0%Financial activities     5.1%Professional/business services     4.1%Education/health services     4.2%Leisure/hospitality     4.5%Other services     4.1%

Median Change in Annual Pay for Job-Stayers by Firm Size

– Small firms:       

1-19 employees     2.5%20-49 employees     4.1%

– Medium firms:  

50-249 employees     4.7%250-499 employees     4.8%

– Large firms:       

500+ employees     4.8%

To see Pay Insights by U.S. State, Gender, and Age for Job-Stayers, visit here

The April total number of jobs added was revised from 109,000 to 105,000. 

For additional information about the ADP National Employment Report, including historical files, employment and pay data, methodology, and a calendar of release dates, please visit https://adpemploymentreport.com/.     

The June 2026 ADP National Employment Report will be released on July 1, 2026 at 8:15 a.m. ET.

About ADP Research
The mission of ADP Research is to make the future of work more productive through data-driven discovery. Companies, workers, and policy makers rely on our finely tuned data and unique perspective to make informed decisions that impact workplaces around the world. 

To subscribe to monthly email alerts or obtain additional information about ADP Research, including employment and pay data, methodology, and a calendar of release dates, please visit https://www.adpresearch.com.      

About ADP (NASDAQ: ADP)
ADP has been shaping the world of work with innovation and expertise for more than 75 years. As a global leader in HR and payroll solutions, ADP continuously works to solve business challenges for our clients and their workers, from simple, easy-to-use tools for small businesses to fully integrated platforms for global enterprises – and everything in between. Always Designing for People means we’re focused on just that – people. We use our unmatched AI-driven insights and proven expertise to design innovative solutions that help people achieve greater success at work. More than 1.1 million clients across 140+ countries rely on ADP’s exceptional service to support their people and drive their business forward. HR, Talent, Time Management, Benefits, Compliance, and Payroll. Learn more at ADP.com 

ADP, the ADP logo, and Always Designing for People, ADP National Employment Report, and ADP Research are registered trademarks of ADP, Inc. All other marks are the property of their respective owners. 

Copyright © 2026 ADP, Inc. All rights reserved.

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SOURCE ADP, Inc.

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Vanderhall Activates BOSS 200 Program, Signaling Customer-First Strategy and Disciplined Path to Scaled Growth

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PROVO, Utah, June 3, 2026 /PRNewswire/ — Vanderhall North America, LLC today announced the public activation of its BOSS 200 (Brawley Ownership Support System) program, a customer-first initiative created to support the company’s earliest Vanderhall Brawley owners as production resumes with renewed operational focus.

While the program formally began in February, Vanderhall North America intentionally delayed public rollout to spend time directly engaging with customers, listening to ownership feedback, and better understanding how the company could most effectively support early Brawley owners. Those conversations helped shape the structure and implementation of BOSS 200, ensuring the program reflected real-world customer needs rather than assumptions.

With that process now substantially complete, BOSS 200 is being formally introduced to the market, with remaining qualifying vehicles also extending program benefits to new customers.

Customers enrolled in the program are now receiving personalized digital welcome communications, with bespoke physical welcome packages arriving in the coming weeks.

“Brawley is an ambitious platform, and early customers gave us invaluable feedback,” said Kasey Evans, Chief Executive Officer of Vanderhall.
“We made a conscious decision to listen first, make improvements, and then build a program that reflects what our customers actually need. BOSS 200 is a result of that process.”

The program includes enhanced transferable warranty coverage, concierge-level support, and ongoing communication surrounding product updates and improvements. Existing BOSS 200 vehicles receive an additional 24 months of warranty coverage beginning February 25, 2026, while newly registered qualifying vehicles receive 24 months of coverage beginning at the date of purchase or warranty registration.

The activation of BOSS 200 comes as Vanderhall North America resumes production with increased emphasis on quality control, supplier alignment, and internal validation processes—signaling a broader operational shift toward disciplined execution and scalable growth.

“Confidence is built through actions, not timelines,” Evans added.
“This is about building trust with our customers and creating a platform we can scale responsibly.”

About Vanderhall North America

Vanderhall North America, LLC is a premium American vehicle manufacturer focused on electric, design-forward driving experiences. With the introduction of the Brawley, the company has entered the off-road EV segment with a category-defining platform that combines performance, technology, and distinctive design.

For more information, visit:
www.vanderhallusa.com 

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SOURCE Vanderhall North America, LLC

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Tech Mahindra Launches Agentic Development & Modernization Services to Drive Enterprise Application Transformation

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PUNE, India, June 3, 2026 /PRNewswire/ — Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced the launch of Agentic Development & Modernization Services, a next-generation services portfolio designed to empower enterprises modernize how applications are built, evolved, and operated. The portfolio integrates agentic AI across the application lifecycle, enabling organizations to accelerate their journey towards AI-led, autonomous enterprise ecosystems.

As enterprises embrace the next wave of AI-led transformation, Tech Mahindra is evolving the traditional definition of ADMS from Application Development and Maintenance Services to Agentic Development and Modernization Services, bringing together autonomous AI, modernization, and engineering excellence to drive smarter business outcomes. Built on Tech Mahindra’s decades of experience in application development and managed services, Agentic Development & Modernization Services portfolio combines engineering expertise with AI-driven delivery models to help enterprises modernize legacy application estates, optimize operations, and build future-ready digital platforms.

Through agentic AI, contextual reasoning, and intelligent orchestration, the portfolio enables systems to continuously analyze, adapt, and respond to evolving business needs, reducing manual intervention and driving measurable business outcomes. Additionally, the services will help enterprises accelerate velocity, improve operational predictability, strengthen continuous quality assurance, and enable more autonomous, scalable, and outcome-driven application environments.

Kunal Purohit, President – Next Gen Verticals, Tech Mahindra, said, “As organizations increasingly shift toward AI-native operating models, industry estimates indicate that spending on application implementation and next-generation engineering services is expected to grow significantly over the next several years. This will be driven by the rising demand for intelligent operations, autonomous software engineering, and outcome-driven transformation. With Agentic Development & Modernization Services, Tech Mahindra is helping enterprises accelerate this transition by enabling more adaptive, resilient, and context-aware application ecosystems that define the future of autonomous enterprises.”

The new portfolio is structured around four integrated pillars:

Modernizing Platforms for Autonomy – Re-architecting enterprise platforms into modular, API-first, and AI-ready foundations that support adaptive and agent-driven execution.Agentic Software Engineering – Embedding intelligent AI agents across software engineering and DevSecOps lifecycles to improve productivity, accelerate delivery, and enhance engineering outcomes.Autonomous Operations – Enabling AI-driven operations through intelligent automation, knowledge graphs, reasoning engines, and AIOps capabilities for real-time monitoring, optimization, and self-healing environments.Autonomous Quality Fabric – Transforming quality engineering through autonomous quality assurance agents that continuously optimize testing, reliability, and assurance across DevOps pipelines.

Agentic Development & Modernization Services are powered by Tech Mahindra’s suite of engineering and AI platforms, including Swifter.io, AppGinieZ, Reforge, LitmusT, and other accelerators that support autonomous software engineering, platform modernization, intelligent operations, and AI-enabled quality assurance. The services portfolio is further reinforced by Tech Mahindra’s Vector Squad-based delivery approach, which combines human expertise with AI agents, and productized pricing through ‘Service Tokens’ enabling modular consumption, clearer value realization and improved cost predictability.

The launch reflects a growing focus on enabling adaptive systems, improving operational responsiveness, and accelerating innovation through AI-enabled enterprise capabilities. AI-led application modernization is expected to become a significant growth opportunity over the coming years, driven by increasing enterprise demand for autonomous software engineering, intelligent operations, and outcome-driven digital transformation initiatives.

Alisha Mittal, Vice President, Software Engineering, Everest Group, said, “The application services market is entering a more agentic phase, where enterprises are increasingly looking beyond traditional automation toward AI-enabled delivery models that can support continuous evolution, operational resilience, and greater engineering adaptability. As application environments become more complex and change cycles accelerate, the market is seeing growing interest in more intelligent and software-led approaches to application development, modernization, and operations.”

The launch aligns with Tech Mahindra’s broader vision of engineering autonomous enterprises by helping organizations move from traditional application environments toward intelligent, composable, and AI-native digital ecosystems that enable continuous innovation, agility, and business-led outcomes.

 

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SOURCE Tech Mahindra

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Handheld Thermal Camera Market worth $2.83 billion in 2032 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., June 3, 2026 /PRNewswire/ — According to MarketsandMarkets™, the global handheld thermal camera market is projected to grow from USD 1.83 billion in 2026 to USD 2.83 billion in 2032, registering a CAGR of 7.6%.

Browse 50 market data Tables and 75 Figures spread through 310 Pages and in-depth TOC on “Handheld Thermal Camera Market – Global Forecast to 2032”

Handheld Thermal Camera Market Size & Forecast:

Market Size Available for Years: 2021–20322026 Market Size: USD 1.83 billion2032 Projected Market Size: USD 2.83 billionCAGR (2026–2032): 7.6%

Handheld Thermal Camera Market Trends & Insights:

The growth of handheld thermal cameras is being accelerated by increasing adoption of predictive maintenance practices, rising demand for non-contact thermal inspection, and growing focus on industrial safety and operational efficiency across manufacturing, energy, automotive, and construction industries. In addition, advancements in infrared sensor technology, AI-enabled thermal imaging, wireless connectivity, compact portable designs, and smartphone-integrated thermal solutions are further expanding the adoption of handheld thermal cameras across industrial, commercial, and consumer applications.By profession type, the building inspectors & energy auditors segment is expected to dominate the market during the forecast period.By price tier, the entry level (Below 799) segment is expected to grow at the fastest CAGR of 9.5% during the forecast period.By distribution channel, the E-commerce segment is expected to dominate the market.By application, DIY/smartphone plugins is expected to register the highest CAGR of 12.1% during the forecast period.By vertical, the non-industrial segment is expected to register the highest CAGR during the forecast period.By region, North America is expected to dominate the market, growing at a CAGR of 7.4% during the forecast period.

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The handheld thermal camera market is growing due to increasing demand for predictive maintenance, non-contact temperature monitoring, and workplace safety across industries such as manufacturing, automotive, construction, energy, and public safety. Companies are increasingly using handheld thermal cameras to identify overheating equipment, electrical faults, insulation defects, and mechanical failures before breakdowns occur, helping reduce operational downtime and maintenance costs. Rising adoption in building inspection, firefighting, surveillance, healthcare screening, and automotive diagnostics is further accelerating market growth. In addition, advancements in infrared sensor technology, AI-enabled thermal imaging, wireless connectivity, compact device designs, and declining product costs are making handheld thermal cameras more efficient, portable, and accessible for both industrial and commercial users.

The handheld thermal camera market is witnessing increased focus on high-resolution thermal imaging, AI-enabled analytics, compact and lightweight device designs, wireless connectivity, and smartphone-integrated thermal solutions to improve inspection accuracy and operational efficiency. Manufacturers are increasingly developing portable and cost-effective thermal cameras with advanced features such as real-time temperature monitoring, cloud connectivity, predictive maintenance software, and enhanced battery performance to support applications across industrial maintenance, building inspection, automotive diagnostics, public safety, and healthcare sectors.

“The electrical inspection segment is expected to dominate the market, by application, during the forecast year.”

Electrical inspection is dominating the handheld thermal camera market due to the increasing need for early detection of overheating components, loose connections, overloaded circuits, and electrical faults in industrial, commercial, and utility infrastructures. Handheld thermal cameras enable non-contact and real-time temperature monitoring of electrical panels, transformers, switchgears, motors, and power distribution systems, helping prevent equipment failures, fire hazards, and costly downtime. Growing emphasis on predictive maintenance, workplace safety, energy efficiency, and reliable power system operations across manufacturing plants, commercial buildings, and energy facilities is significantly driving the adoption of handheld thermal cameras for electrical inspection applications.

“The manufacturer direct/web store is expected to grow at the fastest CAGR during the forecast period.”

In the distribution channel segment, the manufacturer direct/web store segment is expected to witness the fastest growth due to increasing preference for online purchasing, direct customer engagement, and easy access to a wide range of thermal imaging products. Manufacturers are increasingly expanding their digital sales platforms to provide customized product options, technical support, product demonstrations, and competitive pricing directly to industrial and commercial customers. In addition, the growing adoption of e-commerce platforms, rising digitalization, and increasing demand for convenient purchasing and faster product availability are further driving the growth of manufacturer direct and web store sales channels in the handheld thermal camera market.

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“The industrial segment dominated the handheld thermal camera market, by vertical, in 2025.”

The industrial segment is dominating the handheld thermal camera industry due to the growing adoption of predictive maintenance, equipment monitoring, and fault detection solutions across manufacturing, energy, oil & gas, automotive, and utility industries. Industries increasingly use handheld thermal cameras to detect overheating machinery, electrical faults, insulation issues, and mechanical wear before equipment failures occur, helping reduce downtime, maintenance costs, and operational risks. In addition, rising focus on workplace safety, industrial automation, energy efficiency, and continuous monitoring of critical assets is further driving the demand for handheld thermal cameras in industrial applications.

Key Players

Leading players in the global handheld thermal camera companies include Teledyne FLIR (US), Fluke Corporation (US), Hikmicro (China), Testo SE & Co KGaA (Germany), Guide Sensmart (China), Infiray (China), and Seek Thermal (US), among others.

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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

See More Latest Semiconductor Reports:

Image Sensor Market by Type (CMOS, CCD), Processing (2D, 3D), Spectrum (Visible, Infrared), Array (Linear, Area), Resolution (VGA, 1.3 to 3 MP, 5 to 10 MP, 12 to 16 MP, >16 MP), End-user (Automotive, Consumer, Medical, Security) – Global Forecast to 2032

Industrial Valve Market by Valve (Globe, ball, butterfly, solenoid, plug, spring, tank vent, pinch, gate, diaphragm, pilot, check, safety, needle, relief), Size (<1″,1″-6″, 6″-25″,25″-50″, >50″), Media (Liquid, Gas, Slurry) -Global Forecast to 2032

About MarketsandMarkets™ 

MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

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