Job growth slowed in April
Published 5:00 am Thursday, May 2, 2013
Private-sector job growth slowed more than expected last month, with employers adding just 119,000 net new workers in a harbinger of a stalling labor market, payroll processing firm ADP said Wednesday. It was the second straight decline in the reading, and marked the poorest pace of growth since September. ADP also lowered its March figure to 131,000 from the initial estimate of 158,000.