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ADP National Employment Report Increased by 742,000 jobs in April
Private sector employment increased by 742,000 jobs from March to April according to the April ADP® National Employment Report. The labor market continues an upward trend of acceleration and growth, posting the strongest reading since September 2020,” said Nela Richardson, chief economist, ADP. “Service providers have the most to gain as the economy reopens, recovers and resumes normal actvities and are leading job growth in April. While payrolls are still more than 8 million jobs short of pre-COVID-19 levels, job gains have totaled 1.3 million in the last two months after adding only about 1 million jobs over the course of the previous five months.
Posted: May 5, 2021 Wednesday 08:15 AM