ADP: 32,000 Jobs Added in Private Sector from March to April
by Tom Pauken on May 8, 2010 at 5:33 PM
Jobs in the U.S. private sector increased by 32,000 from March to April according to the ADP National Employment Report. After a revision to last month’s report, this marks the third consecutive month of positive growth in the private sector.
April’s ADP Report estimates nonfarm private employment in the service-providing sector rose by 50,000, the third consecutive monthly increase. Employment in the goods-producing sector declined 18,000 during April. However, while construction employment dropped 49,000, manufacturing employment, in an encouraging sign, rose 29,000, the third consecutive monthly increase.
Large businesses, defined as those with 500 or more workers, saw employment increase by 14,000 and employment among medium-size businesses, defined as those with between 50 and 499 workers increased by 17,000. Employment among small-size businesses, defined as those with fewer than 50 workers, increased by 1,000 in April.