April 30, 2025 8:21am EDT
Private sector added 62,000 jobs in April, well below expectations, ADP says
ADP releases private sector jobs data
By Matthew Kazin FOXBusiness
Companies in the private sector added 62,000 jobs in April, payroll processing firm ADP said Wednesday.
The figure is well below economists’ estimates of 115,000 jobs and down sharply from the prior month’s reading of 155,000.
"Unease is the word of the day. Employers are trying to reconcile policy and consumer uncertainty with a run of mostly positive economic data," said ADP chief economist Nela Richardson. "It can be difficult to make hiring decisions in such an environment."
Leisure and hospitality added 27,000 positions, leading job creation in April. Trade, transportation and utilities added 21,000 jobs, financial activities added 20,000 and construction contributed 16,000.
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https://www.foxbusiness.com/economy/private-sector-added-62000-jobs-april-well-below-expectations-adp-says