The hiring in American companies was moderated in April to the slowest rhythm in nine months, indicating a lower demand for workers in the midst of economic uncertainty.
Private sector payrolls increased by 62,000 this month, according to ADP Research. The medium estimation of a Bloomberg survey Economists provided for an increase of 115,000.
Wednesday’s figures, along with other recent data, have a heterogeneous panorama of the labor market.
Yes ok ADP data show a contraction in hiring, applications for unemployment benefits are kept close to prepaymia averagesindicating that layoffs are still moderate.
