U.S. private sector job growth slows in April: ADP

May 4, 2016 1:18 PM

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U.S. private sector job growth slows in April: ADP

NEW YORK U.S. private employers added the fewest workers in three years in April, well below economists' expectations, with signs of weak hiring activity across most sectors, a report by a payrolls processor showed on Wednesday.

The ADP National Employment Report showed U.S. companies hired just 156,000 people last month, the smallest gain since April 2013. Economists surveyed by Reuters had forecast a gain of 196,000 jobs, with estimates ranging from 116,000 to 225,000.

Also read: U.S. economy creates 178,000 jobs in November; jobless rate drops to 4.6%

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