Private-sector employment increased by 296,000 jobs in April and annual pay was up 6.7% year-over-year, according to the April ADP National Employment Report, produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.
Here’s the better news: Approximately 105,000 of those jobs came in the Mid-Atlantic, the second-highest region for jobs in the country (among nine geographic regions).
The jobs report and pay insights use ADP’s fine-grained anonymized and aggregated payroll data of over 25 million U.S. employees to provide a representative picture of the labor market. The report details the current month’s total private employment change, and weekly job data from the previous month. ADP’s pay measure uniquely captures the earnings of a cohort of almost 10 million employees over a 12-month period.
“The slowdown in pay growth gives the clearest signal of what’s going on in the labor market right now,” said Nela Richardson, chief economist, ADP. “Employers are hiring aggressively, while holding pay gains in check as workers come off the sidelines. Our data also shows fewer people are switching jobs.”
Change by U.S. regions
Northeast: 159,000
- New England (+54,000)
- Middle Atlantic (+105,000)
Midwest: 118,000
- East North Central (+69,000)
- West North Central (+49,000)
South: -100,000
- South Atlantic (–28,000)
- East South Central (-44000)
- West South Central (-28,000)
West: 109,000
- Mountain (-7,000)
- Pacific (+116,000)