Prior was +109K Details: Goods K versus +15K last month Service K versus +94K last month Small business K vs +65K prior Medium businesses K vs +2K last month Large businesses K vs +42K last month Wages: Wages for job stayers % vs 4.4% last month Wages for job changers % vs 6.6%…
st month The ADP National Employment Report tracks monthly changes in US private-sector employment, drawn from aggregated and anonymized payroll data covering more than 26 million employees, produced by ADP Research with the Stanford Digital Economy Lab. It lands two days ahead of the BLS nonfarm payrolls print, though the two series correlate poorly and ADP is best read as its own signal rather than a payrolls preview
April delivered the strongest headline in over a year: private companies added 109,000 jobs, up from 61,000 in March and well above the Dow Jones consensus of 84,000. It was the largest increase since January 2025. But the internals tell the familiar low-hire, low-fire story.
Education and health services again dominated with 61,000, trade/transportation/utilities added 25,000, and construction rose 10,000. Manufacturing managed just 2,000 despite reshoring efforts, and professional and business services shed 8,000. The size breakdown flagged the soft middle: small firms (under 50) added 65,000 and large ones (500+) added 42,000, with weakness concentrated among mid-sized employers.