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













