Summary:
Private jobs rose 62,000 in April with 4.5% pay growth; February revised to 147,000. Hiring challenged by uncertainty.
May ADP
4/6/2025 (Wed)
Previous:62k Forecast: 110k
Private sector employment gained 62,000 jobs in April and annual pay was up 4.5% from a year ago, according to the ADP. This follows a downward revision of February's report from 155,000 to 147,000.
Employers are trying to reconcile policy and consumer uncertainty with a run of mostly positive economic data, but It can be difficult to make hiring decisions in a volatile environment.
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