Employers Add Far Fewer Jobs In April Than Forecast

ADP jobs report
Daniel Acker/Bloomberg via Getty Images
By Leah Schnurr

U.S. private-sector hiring slowed again in April as companies added the fewest employees in seven months, the latest sign that the economy is encountering a soft patch, a report by a payrolls processor showed on Wednesday.

Businesses added 119,000 employees to their payrolls last month, according to the ADP National Employment Report, falling short of economist expectations for a gain of 150,000 jobs. It was the smallest gain since September 2012.

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March's private payrolls were revised down to an increase of 131,000 from the previously reported 158,000. The report is jointly developed with Moody's Analytics. U.S. stock futures were little changed immediately following the data, while the euro extended gains against the dollar and Treasury securities firmed.

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The ADP figures come ahead of the government's much more comprehensive labor market report on Friday, which includes both public and private sector employment. "This put a downward bias on expectations on Friday's payroll number," said Sam Bullard, senior economist at Wells Fargo in Charlotte, N.C. Friday's report is expected to show overall nonfarm payrolls increased by 145,000, an improvement over the paltry 88,000 seen in March.

Economists sometimes tweak their payrolls forecasts following the ADP report, though the private sector report doesn't always accurately predict the government figures.




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42 Comments

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jcnjr30

Thank you obama and your liberal idiots as we are not better off today than 4 years ago. The only thing you gave us was nothing but BS and more BS

May 02 2013 at 5:45 AM Report abuse +1 rate up rate down Reply
excursioner

April was bad news for job seekers because Obama was still parting in the White House every night on our dime. We are 3-1/2 years away from the great divider ending his war on employers and hopefully the reconciliation and reunification can begin.

May 02 2013 at 4:08 AM Report abuse +1 rate up rate down Reply
TIMOTHY

On a personal note, I have a friend with an MBA and over 15 yrs. of Accounting experience and he has been working only temp jobs for over 2 years.

May 02 2013 at 3:56 AM Report abuse rate up rate down Reply
paddleman1928

I keep hearing how things are getting better

May 01 2013 at 10:02 PM Report abuse -2 rate up rate down Reply
1 reply to paddleman1928's comment
LarrBerr

And if you read, they are. Just not as much better as had been hoped. It's like being told that rather than the $100 dollar raise you were expecting you are only getting a $50 raise, so you claim that things are just getting worse. No their still getting better, just $50 better for you instead of $100 better for you.

May 02 2013 at 1:56 AM Report abuse rate up rate down Reply
idoglady1

Surprise, surprise. I've continued to be aghast at the reported jobs up-tick and supposed lower unemployment .... despite the fact that the friends and acquaintances I know who were out of work two and three years ago ~ have maxed out their benefits and are STILL out of work. Just exactly how much is our economy actually improving?

May 01 2013 at 8:17 PM Report abuse +2 rate up rate down Reply
kenyng

Propaganda, let's keep the citizens worried, jobs always slow down in April and March, after memorial day jobs will rise again to go down again in June and rise again in late August-

Then there are the "professionally" unemployed who only work long enough to requalify for unemployment.

Do Not EVER Believe Anything released by the Government!!!

May 01 2013 at 3:05 PM Report abuse -1 rate up rate down Reply
fibblefester

It's the weather folks. Fewer construction starts due to snow and rain. Fewer landscaping projects due to weather. Fewer people buying spring clothing. Farmers are not planting as early as they did last year. The mini ice-age of 2013 is going to have long lasting effects. Food prices will rise, more people will starve across the globe. Crops will come in later, if all. Construction, both building and infrastructure such as roads, will start much later than ususal. Also, if the flooding in 2013 continues to be a problem all of the aforementioned areas of the economy will be further impacted. At least shipping on the Mississippi will be able to resume normal levels due to the rising level of the river.

May 01 2013 at 12:48 PM Report abuse rate up rate down Reply
1 reply to fibblefester's comment
Charles

Actually food prices are rising. What aggravates me most is the reduced package sizes by so many food producers. Just yesterday, at the local grocery store I was buying what I thought was a 5# bag of Domino sugar. Yep, that's the normal size. But, now the package has been reduced to 4# at about the same price as last year's 5# package. If you check, the stores no longer sell 1/2 gal ice cream or 1/2 gal. Orange juice. All these packages are now smaller ( about a pint less). . Same is true of many other products such as potato chips. This seems to be about a 20% increase in price over recent months. Nothing more than deceptive and stealthy price increases . We used to call this "inflation". Now it.s just re-packaging!

May 01 2013 at 4:39 PM Report abuse +2 rate up rate down Reply
King Hussein

Obama's nearly Zero Recovery. Jobs is low priority, gun control, gays and immigration are more important to Obama than Americans working

May 01 2013 at 12:11 PM Report abuse +8 rate up rate down Reply
1 reply to King Hussein's comment
dknowles60

ditto

May 01 2013 at 3:35 PM Report abuse +2 rate up rate down Reply
Joan

It is only going to get worse sad to say with Obamacare coming up - the new full time is 32 hoursa week as dictated by Obamacare to keep companies from being fined for non-compliance.

May 01 2013 at 12:07 PM Report abuse +5 rate up rate down Reply
LORD RANDALL

I see where they published the new so called hired, but they didn't put info on job loses for the same time period. Again only partial info to the advantage of the government, but not the people. I have been unemployed for two years without even a bite. Sometimes even 2 or 3 times at the same companies. Same old excuse: we aren't hiring now except for one or two jobs a week. Because of taxes etc. I would lose money I never got unemployment because of health problems. Plus the company folded so it wouldn't have to pay Obamacare and re-opened under another name and put all hirees as part time including supervisors.
So there's no justice there.

May 01 2013 at 12:06 PM Report abuse +3 rate up rate down Reply

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