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Private payrolls surge by 275,000 in April, blowing past estimates in biggest gain since July


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:pc:

https://www.cnbc.com/2019/05/01/private-payrolls-surge-by-275000-in-april-blowing-past-estimates-and-the-biggest-gain-since-july.html

The U.S. economy added far more jobs than expected in April as payrolls in the services sector grew by the most in more than two years, according to data released Wednesday by ADP and Moody’s Analytics.

Private payrolls grew by 275,000 last month, the biggest increase since July, when they expanded by 284,000. Economists polled by Dow Jones expected private payrolls growth of 177,000.

 

Services-providing jobs increased by 223,000 in April, led by a gain of 59,000 positions in professional and business services. Education and health services companies added 54,000 jobs while employment within the leisure and hospitality industry expanded by 53,000.

Goods-producing jobs — which include construction, manufacturing and mining — rose by 52,000, led by a 49,000 payrolls increase in construction. The economy added just 5,000 manufacturing jobs while mining employment declined by 2,000.

Overall, medium-sized businesses, those that employ 50 to 499 people, led the way in jobs creation last month by adding 145,000 jobs. Jobs within small businesses, meanwhile, increased by 77,000 while large companies hired 53,000.

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1 hour ago, f7ben said:

Baristas.....who gives a fuck. People need real jobs. Those were Obama jobs

There's a hot ass barista at one of the places I get coffee. I like her. 

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46 minutes ago, Anler said:

There's a hot ass barista at one of the places I get coffee. I like her. 

Pics dude.....pics.   

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1 hour ago, f7ben said:

Baristas.....who gives a fuck. People need real jobs. Those were Obama jobs

Yeah big corps are the only ones creating good compensating jobs.   Go fly your drone in 40 mph winds......oops.  :lmao:

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8 hours ago, Highmark said:

Yeah big corps are the only ones creating good compensating jobs.   Go fly your drone in 40 mph winds......oops.  :lmao:

Service sector was the largest portion of job gains. 

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14 hours ago, f7ben said:

Baristas.....who gives a fuck. People need real jobs. Those were Obama jobs

Dude, quit your complaining. You are way off on the Spectrum in you're gainfully employed. Anybody should be able to get a job. Where's my fucking cow? At least Buss bought me a few a few weeks ago.

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  • Trying to pay the bills, lol

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