U.S, companies only 62,000 jobs in April, the ADP National Employment Report showed on Wednesday. This is the lowest since last July.
Economists polled by the Wall Street Journal had forecast a gain of 120,000 jobs.
"Unease is the word of the day. Employers are trying to reconcile policy and consumer uncertainty with a run of mostly positive economic data," said Nela Richardson, chief economist at ADP. "It can be difficult to make hiring decisions in such an environment," she added.
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April 30, 2025 08:20 ET (12:20 GMT)
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