U.S. private employers added 220,000 workers in April, the highest amount since November and above analysts’ expectations, a report by a payrolls processor showed on Wednesday.
Gains in the prior month were revised higher, to 209,000 from 191,000. Economists surveyed by Reuters had forecast that the ADP National Employment Report would show a gain of 210,000 jobs in April.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.