US: Private sector employment rises in April

Private sector employment in the US rose by 247,000 in April, well below the expected gain of 395,000 jobs, according to US payroll company ADP’s latest estimate of national employment change released on Wednesday. That marked a sharp decline in the rate of job gains after 479,000 were added to the US economy back in March, according to ADP data. The March job gain estimate had been revised slightly higher from 455,000.