US private payrolls beat expectations in April
The ADP Employment report revealed that U.S. private payrolls exceeded expectations in April, with an increase of 192,000 jobs, following an upward revision of 208,000 jobs in March. Economists had predicted a rise of 175,000 jobs for April. This report, developed with the Stanford Digital Economy Lab, often anticipates trends in the labor market, although it tends to show a more pronounced slowdown compared to official employment data.