NPR : News

Filed Under:

Slow Growth In April: Survey Shows 119,000 Jobs Added

A relatively weak 119,000 jobs were added to private employers' payrolls last month as federal spending cuts and tax increases began to bite, according to the latest ADP National Employment Report.

And there was more potentially troubling news about the health of the economy in Wednesday's data: ADP, which provides payroll and other services to companies around the world, revised down its estimate of U.S. job growth in March. It now says private employers added 131,000 jobs to their payrolls that month, not the initial figure of 158,000.

In the ADP report, Moody's Analytics economist Mark Zandi says:

"Job growth appears to be slowing in response to very significant fiscal headwinds. Tax increases and government spending cuts are beginning to hit the job market. Job growth has slowed across all industries and most significantly among companies that employ between 20 and 499 workers."

The ADP survey is often an early indication of what the Bureau of Labor Statistics will say when it releases its data on unemployment and job growth for the same month. The BLS figures for April are due out Friday at 8:30 a.m. ET. A month ago, the bureau said there were just 88,000 jobs added to public and private payrolls in March. According to Bloomberg News, economists expect to hear Friday that employers added 148,000 jobs in April.

Copyright 2013 NPR. To see more, visit http://www.npr.org/.

NPR

'Kids Love To Be Scared': Louis Sachar On Balancing Fun And Fear

The award-winning author of Holes has just published a new novel for young readers, called Fuzzy Mud. It mixes middle-school social puzzles with a more sinister mystery: a rogue biotech threat.
NPR

Confronting A Shortage Of Eggs, Bakers Get Creative With Replacements

Eggs are becoming more expensive and scarce recently because so many chickens have died from avian flu. So bakers, in particular, are looking for cheaper ingredients that can work just as well.
WAMU 88.5

How Artificial Intelligence And Robots Will Impact Jobs And How We Think About Work

Many experts say artificial intelligence and robots will displace jobs at a faster and faster pace over the coming decade. What changes in technology could mean for how we work.

WAMU 88.5

How Artificial Intelligence And Robots Will Impact Jobs And How We Think About Work

Many experts say artificial intelligence and robots will displace jobs at a faster and faster pace over the coming decade. What changes in technology could mean for how we work.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.