ADP Sees 491,000 Drop In Private Employment

Nonfarm private employment decreased 491,000 from March to April on a seasonally adjusted basis, according to the ADP National Employment Report.

The estimated change from February to March was revised by 34,000, from a decline of 742,000 to a decline of 708,000.

The report estimates nonfarm private employment in the service-providing sector fell by 229,000. Employment in the goods-producing sector declined 262,000, with employment in the manufacturing sector dropping 159,000, its 38th consecutive monthly decline.

 

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