US – Private Sector Job Slows

Payroll provider ADP says private sector businesses added 119,000 jobs in April, significantly lower than March’s revised total of 201,000 jobs.  The average of analysts surveyed by Bloomberg predicted an increase of 183,000 jobs.

It is the lowest number of jobs added in seven months of ADP reports. They do not include government payrolls.

The Labor Department will unveil its April jobs report Friday, and it is expected to report that employers added 163,000 jobs and that weekly unemployment claims decreased slightly.

Source: Biz Journals

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