Economics

U.S. Companies Added 247,000 Jobs in April, ADP Data Show

  • Hiring was weaker than forecast, smallest gain of recovery
  • Other data suggest labor market robust ahead of Fed decision
Chocolates come out of a machine after receiving a coating at a factory in Brooklyn, New York.Photographer: Ron Antonelli/Bloomberg
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U.S. companies added in April the fewest jobs in the pandemic recovery, underscoring the persistent challenges faced by small firms to increase headcount in a tight labor market.

Businesses’ payrolls increased by 247,000 last month, after a revised 479,000 gain in March, according to ADP Research Institute data released Wednesday. The median estimate in a Bloomberg survey of economists called for a 383,000 advance.