Private payrolls add 109,000 in April, ADP reports
The Story
ADP reported that private sector payrolls increased by 109,000 in April, exceeding the Dow Jones consensus estimate of 84,000. The March total was revised down by 1,000 to 61,000. Wage growth for workers staying in their jobs rose 4.4% annually, a decline of 0.1 percentage point.
Key Facts
- Private sector added 109,000 jobs in April, according to ADP.
- The Dow Jones consensus estimate was 84,000.
- March’s gain was revised down by 1,000 to 61,000.
- April’s gains were the best since January 2025.
- Wage growth for job-stayers was 4.4% annually, down 0.1 percentage point.
- Education and health services added 61,000 jobs; trade, transportation and utilities added 25,000; construction added 10,000; financial activities added 9,000.
- Manufacturing added 2,000 jobs; leisure and hospitality and information services each added 4,000; professional and business services lost 8,000.
- Companies with fewer than 50 employees added 65,000; those with 500 or more added 42,000.
- ADP chief economist Nela Richardson stated: “Small and large employers are hiring, but we’re seeing softness in the middle.”
- The report is described as consistent with a “low-hire, low-fire environment.”
- The Federal Reserve has kept interest rates unchanged; a recent FOMC vote saw four dissents.
Conflicting Reports
No conflicting reports identified in the source article.
Still Unclear
The article does not specify how the Iran war and tariffs have affected inflation beyond general statements. The exact size of the March revision is only noted as “revised down by 1,000” without the original figure.
Misconceptions
No widespread misconceptions addressed in the source article.
Key Figures
- Nela Richardson, ADP chief economist
Sources
- CNBC — Primary Source (single-source story)
