ADP: US Firms Added 296,000 Jobs in April

The video discusses the ADP report on job creation, highlighting 296,000 jobs added in April, with significant contributions from the construction and natural resources sectors. It notes a decline in manufacturing jobs and a substantial number of service jobs, particularly in leisure and hospitality. The pay report indicates a slowdown in median pay changes, with job changers experiencing higher increases than job stayers. The video concludes with a forecast for private sector jobs and a comparison with national payroll numbers.

What was the number of jobs created according to the Automatic Data Processing report for April?

Which sector experienced the most job creation in April?

What was the median pay change for job stayers according to the report?

What is the forecast for private sector jobs according to the Bloomberg survey?

How do the national payroll numbers compare to previous months?