Posted on 05/01/2019 6:57:30 AM PDT by Olog-hai
U.S. companies in April added the most jobs in 9 months, a sign that hiring remains strong amid solid economic growth.
Payroll processor ADP said Wednesday that businesses hired 275,000 people last month, up from just 151,000 in March. That’s a much higher number than economists forecast for Friday’s government jobs report. Current projections call for the Labor Department to report 181,000 new jobs, according to data provider FactSet.
The economy expanding at a solid pace this year, despite fears last winter that the U.S.-China trade war, slower global growth and higher interest rates would tip the economy into recession.
Hiring was driven partly by a big gain in construction, ADP said, where 49,000 jobs were added. A category that mostly includes hotels and restaurants gained 53,000. Professional and business services, which mostly includes higher-paying jobs such as architects and engineers, added 59,000. …
(Excerpt) Read more at apnews.com ...
“unexpected”...again.
Never mind “despite fears” with respect to Trump’s policy towards Red China; they admit that it works, in a left-handed way.
That’s it! We’re finished...
What happened to the “new normal” of stagnation that we were told about from 2009-2016?
Two things, boomers are retiring and we are coming out of a depression.
dimoKKKRATS will be saddened by this news. They think dimoKKKRAT run Baltimore is their Utopia. That is their goal for this country.
Obama is the one responsible for this! LOL! I remember him saying, those jobs are gone, can’t wave a magic wand, they ain’t coming back.
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