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ADP: US Private Sector Employment Increased by 204,000 Jobs in April
Private sector employment increased by 204,000 jobs from March to April according to the April ADP National Employment Report. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute in collaboration with Moody’s Analytics. The report, which is derived from ADP’s actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis. “The labor market continues to maintain a steady pace of strong job growth with little sign of a slowdown,” said Ahu Yildirmaz, vice president and ... (full story)
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US private payrolls grow by 204K in April vs. 200K est.: ADP/Moody's Analytics
Hiring continued at a solid pace in April, with private companies adding 204,000 positions even amid signs of a tightening jobs market, according to a report Wednesday from ADP and Moody's Analytics. The number was essentially in line with expectations of economists surveyed by Reuters who had forecast 200,000. The total did indicate a slight deceleration from March, which posted a downward revised 228,000 from an initially reported 241,000. Job growth was broad-based, with gains coming not only from a number of service-based sectors but also goods-producing areas including construction, which added 27,000 positions. ... (full story)
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