The Corner

ADP: Much Weaker Jobs Outlook

Coming on the heels of euro-zone unemployment ticking up 10.9 percent (making it eleven straight months of rising joblessness) and the U.K. and Spain slipping into recession, ADP has released a disappointing new U.S. jobs report, predicting that the U.S. added 119,000 jobs last month, rather than the 170,000 projected. Bloomberg reports:

Companies added the fewest number of U.S. workers in seven months in April, indicating the job market may take time to strengthen, a private report based on payrolls showed today. . . .

A Labor Department report in two days is projected to show that private payrolls accelerated in April, while unemployment held at 8.2 percent. . . . Goods-producing industries, which include manufacturers and construction companies, decreased workers by 4,000 in April, today’s figures showed. Employment at factories declined by 5,000 in April as did payrolls in construction.

The Labor Department’s report, to be released on May 4, may show overall hiring, which includes government jobs, may have climbed about 160,000 after rising 120,000 in March, according to the Bloomberg survey median.

Patrick Brennan — Patrick Brennan is a writer and policy analyst based in Washington, D.C. He was Director of Digital Content for Marco Rubio's presidential campaign, writing op-eds, policy content, and leading the ...

Most Popular

U.S.

The Inquisitor Has No Clothes

This is a column about impeachment, but first, a confession: I think I might be guilty of insider trading. At this point, I would like to assure my dear friends at the SEC that I do not mean this in any actionable legal sense, but only in principle. Some time ago, I was considering making an investment in a ... Read More
Politics & Policy

ABC News Makes a Serious Mistake

Today, across Twitter, I began to see a number of people condemning the Trump administration (and Betsy DeVos, specifically) for imposing a new definition of sexual assault on campus so strict that it would force women to prove that they were so harassed that they'd been chased off campus and couldn't return. ... Read More