Private sector added 179000 jobs in April - ADP

[mahatmakanejeeves]

Source: MarketWatch

By Jeffry Bartash WASHINGTON

(MarketWatch) -- Employment in the U.S. private sector increased by 179,000 in April on a seasonally adjusted basis, according to payroll data compiled by Automatic Data Processing Inc. The dropoff from March's increase of 201,000 -- revised upward to 207,000 Wednesday -- is likely to disappoint investors. In a separate report, the outplacement firm Challenger Gray said announced company layoffs fell to 36,490 in April, the third lowest level in 16 months. The government sector accounted for more than one-quarter of the planned job cuts. (Adds revised March figure from ADP.)

Read more: http://www.marketwatch.com/story/private-sector-added-179000-jobs-in-april-adp-2011-05-04?link=MW_latest_news