Private-sector employment increased by 177,000 in April, on a seasonally adjusted basis, ADP estimated Wednesday.

In March, ADP says 255,000 jobs were added, compared to its initial estimate of 263,000 new jobs.

Economists surveyed by IFR Markets projected a 180,000 job gain for April.

“Job growth slowed in April due to a pullback in construction and retail jobs,” said Mark Zandi, chief economist of Moody’s Analytics. “The softness in construction is continued payback from outsized growth during the mild winter. Brick-and-mortar retailers cut jobs in response to withering competition from online merchants.”

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Gary Siegel

Gary Siegel

Gary Siegel has been at The Bond Buyer since 1989, currently covering economic indicators and the Federal Reserve system.