The non-farm private sector added 204,000 jobs in April, according to the ADP National Employment Report. This followed a downwardly revised 228,000 job increase in February.
Small businesses with fewer than 50 employees gained 62,000 jobs. Medium-sized businesses with 50-499 employees created 88,000, while large businesses added 54,000 jobs.
“The labor market continues to maintain a steady pace of strong job growth with little sign of a slowdown,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “However, as the labor pool tightens it will become increasingly difficult for employers to find skilled talent. Job gains in the highskilled professional and business services industry accounted for more than half of all jobs added this month.”
Service-providing employment rose by 160,000 jobs, driven by the professional and business services sector which added 58,000. The health services sector had a robust report, adding 35,000 jobs. Goods-producing employment grew by 44,000 jobs. The manufacturing industry gained 10,000, while the construction sector created 27,000 jobs.
Read the ADP report.
