by Calculated Risk on 4/30/2025 08:15:00 AM
From ADP: ADP National Employment Report: Private Sector Employment Increased by
62,000 Jobs in April; Annual Pay was Up 4.5%
“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 Dr. Nela Richardson, chief economist, ADP. “It can be difficult
to make hiring decisions in such an environment.”
emphasis added
This was well below the consensus forecast of 130,000. The BLS report will be released Friday, and the consensus is for 130,000 non-farm payroll jobs added in April.
