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ADP National Employment Report Increased by 455,000 jobs in April 2022
Private sector employment increased by 247,000 jobs from March to April according to the April ADP® National Employment Report. The March total of jobs added was revised from 455,000 to 479,000.
“In April, the labor market recovery showed signs of slowing as the economy approaches full employment,” said Nela Richardson, chief economist, ADP. “While hiring demand remains strong, labor supply shortages caused job gains to soften for both goods producers and services providers. As the labor market tightens, small companies, with fewer than 50 employees, struggle with competition for wages amid increased costs.”
Posted: May 4, 2022 Wednesday 08:15 AM