Job creation in the private sector south of the border cooled in April, but the numbers were still in line with what experts had been expecting.
A report from ADP and Moody's Analytics out Wednesday showed that companies created 177,000 new positions for the month, but the report showed a sharp deceleration from the previous month. The March report indicated a growth of 255,000, a number revised lower from the originally reported 263,000.
Economists had expected the April figure to be 175,000.
That big March number had triggered hopes that the strong start to the year for employment was continuing. But mere days after the April 5 ADP release, Washington's official non-farm payrolls account showed the U.S. economy created just 98,000 new positions for the month.
The ADP/Moody's tally, not including government employees, showed that job creation in April came primarily from the services sector after three strong months for goods-producing industries.
Services accounted for 165,000 of the total, led by professional and business services with 72,000. Education and health services contributed 53,000. The leisure and hospitality industries added 35,000.
Of the 12,000 goods-producing jobs, 11,000 came from manufacturing while mining grew by 3,000. Construction lost 2,000 jobs in all.
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