Business

Job Market Update

Updated 2026-05-06 12:35 UTC 2 sources Positive

The U.S. private payrolls rose by 109,000 in April, exceeding expectations, according to ADP and CNBC reports. This suggests a potentially thawing labor market after months of slow hiring.

Coverage timeline — 2 articles
CNBC
The report provided more evidence of a stable labor market and less incentive for the Fed to lower interest rates.
2026-05-06 12:15 UTC
MarketWatch
ADP said U.S. businesses create 109,000 new jobs in April — the biggest increase in 15 months — in a sign a partly frozen labor market might be thawing out after months of unusually tepid hiring.
2026-05-06 12:22 UTC
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