ADP has noticeably detached itself from other running employment stats before so don’t use this as a gauge for Friday’s official tally, but here goes…
From Reuters via Yahoo:
NEW YORK (Reuters) – Private employers added 179,000 jobs in April, while payrolls for March were revised up modestly, a report by a payrolls processor showed on Wednesday.
The ADP Employer Services report came in shy of economists’ expectations for a gain of 198,000, according to a Reuters survey. March private payrolls were revised up to an increase of 207,000 from a previously reported 201,000.
The Street wanted to see 200k FYI.
More later…
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