Paper Economy - A US Real Estate Bubble Blog

Wednesday, May 02, 2012

ADP National Employment Report: April 2012

Today, private staffing and business services firm ADP released the latest installment of their National Employment Report indicating that the situation for private employment in the U.S. improved in April as private employers added 119,000 jobs in the month bringing the total employment level 1.70% above the level seen in April 2011.

Perusing the rest of the data in the ADP dataset you can see the the economy is currently showing the most growth for small to mid-sized service providing jobs with goods-producing jobs remaining near trough levels.

Look for Friday’s BLS Employment Situation Report to likely show somewhat similar trends.

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