US private sector adds 247,000 jobs in April; unemployment at 3.6% in March

Large firms hired 321,000 workers, medium-sized businesses added 46,000, while small companies cut 120,000 employees

Private companies in the US added 247,000 jobs in April, indicating a slower growth in a tight labour market, payroll data company Automatic Data Processing (ADP) reported.

Earlier data from the Labor Department showed that US unemployment rate dropped to 3.6 per cent in March as the Omicron-fuelled Covid-19 surge faded, which was slightly above the pre-pandemic level of 3.5 per cent, Xinhua news agency quoted the ADP report as saying on Wednesday.

The service sector saw a job gain of 202,000 in April, while goods-producing sector added 46,000 jobs, according to...read more

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