Private-sector payrolls expanded by an estimated 62,000 positions in April, down from a revised 147,000 in March, according to the ADP National Employment Report released on April 30.
Median pay for employees who stayed in their jobs rose by 4.5 percent from a year earlier, down slightly from 4.6 percent in March, while workers who switched employers saw a 6.9 percent increase, up from 6.7 percent.
“Unease is the word of the day,” said Nela Richardson, chief economist at ADP. “Employers are trying to reconcile policy and consumer uncertainty with a run of mostly positive economic data. It can be difficult to make hiring decisions in such an environment.”…