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April private payrolls rise 109,000, led by education and health services

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Source: CNBC
April private payrolls rise 109,000, led by education and health services
Photo: CNBC
TL;DR

ADP reported private payrolls rose 109,000 in April, beating forecasts with gains concentrated in education and health services (61,000) and trade/transport/utilities (25,000); construction added 10,000. The report signals a steady labor market in a low-hire/low-fire environment and suggests limited impact on Fed rate expectations, ahead of Friday’s government payrolls release.

Topics:business#adp#business#employment-data#fed-policy#labor-market#private-payrolls
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  1. Private payrolls rose by 109,000 in April, topping expectations, ADP says  CNBC
  2. Private employers added 109,000 roles in April  Yahoo Finance
  3. Private sector added 109,000 jobs in April, above expectations, ADP says  Fox Business
  4. ADP National Employment Report: Private Sector Employment Increased by 109,000 Jobs in April; Annual Pay was Up 4.4%  PR Newswire
  5. ADP says businesses create the most new jobs in 15 months. Labor market might be thawing.  MarketWatch

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