ADP Reports Stronger-Than-Expected Private Payroll Growth in April

ADP reported that private payrolls rose by 109,000 in April, exceeding the consensus estimate of 84,000. The data suggests a stable labor market, potentially reducing pressure on the Federal Reserve to cut interest rates amid high inflation.

By Jeff Cox · CNBC · May 6, 2026, 12:15 UTC

ADP Reports Stronger-Than-Expected Private Payroll Growth in April

Tickers: $ADP

Topics: ADP report Federal Reserve inflation job creation labor market

Read the full article at CNBC

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