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The U.S. private sector added 192,000 jobs in April, more than expected, ADP showed

The U.S. private sector added 192,000 jobs in April, more than expected, ADP showed

The U.S. added 192,000 new private sector jobs in April, according to the ADP National Employment Report, produced by the ADP Research Institute in partnership with the Stanford Digital Economy Lab.

The figure exceeded analysts' forecasts of 179,000 new vacancies, surpassing the 186,000 jobs created in March.

According to the report, annual wages for those still in employment increased by 5.0%, practically the same rate as the previous month. Among job changers, the rate was 9.3%, up from 10.1% in March.

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“Hiring remained broad in April,” said ADP chief economist Nela Richardson, noting that only the information sector (telecommunications, media and information technology) showed weakness in the month, posting job losses and lower wage gains for August 2021.

Services sectors created 145,000 new jobs in April, with emphasis on leisure and hospitality (56,000), transportation (26,000) and education and health (26,000). Manufacturing sectors created 47 thousand jobs, concentrated in construction (35 thousand).

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