Private-sector payrolls increased 119,000 in April, led by the service-providing sector and small and medium businesses, according to the ADP employment report released WednesdaY.
The March level was revised to a gain of 201,000 from a prior estimate of 209,000
Markets look to ADP's report on private-sector payrolls to provide some guidance on the U.S. Labor Department's jobs estimate, which will be released Friday and includes information on both private- and public-sector payrolls
Economists polled by MarketWatch expect the U.S. Labor Department to report Friday that nonfarm-payroll employment rose 163,000 in April, compared with 120,000 in March
They also expect that the unemployment rate remained at 8.2%.
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