Private sector employment increased by 192,000 jobs in April and annual pay was up 5.0 percent year-over-year, according to the April ADP^® National Employment Report™ produced by the ADP Research Institute^® in collaboration with the Stanford Digital Economy Lab ("Stanford Lab"). The ADP National Employment Report is an independent measure and high-frequency view of the private-sector labor market based on actual, anonymized payroll data of more than 25 million U.S. employees.

"Hiring was broad-based in April," said Nela Richardson, chief economist, ADP. "Only the information sector – telecommunications, media, and information technology – showed weakness, posting job losses and the smallest pace of pay gains since August 2021."

April 2024 Report Highlights*

View the ADP National Employment Report and interactive charts at www.adpemploymentreport.com.

JOBS REPORT

Private employers added 192,000 jobs in April
The average pace of hiring has accelerated over the last three months after slowing late last year, almost matching gains made in the first half of 2023. Pay growth continues to slow.

Change in U.S. Private Employment:     192,000

Change by Industry Sector

- Goods-producing:     47,000

• Natural resources/mining     3,000

• Construction     35,000

• Manufacturing     9,000

- Service-providing:     145,000

• Trade/transportation/utilities     26,000

• Information     -4,000

• Financial activities     16,000

• Professional/business services     22,000

• Education/health services     26,000

• Leisure/hospitality     56,000

• Other services     3,000

Change by U.S. Regions

- Northeast:     36,000

• New England     14,000

• Middle Atlantic     22,000

- Midwest:     33,000

• East North Central     34,000

• West North Central         -1,000

- South:     124,000

• South Atlantic     51,000

• East South Central     28,000

• West South Central     45,000

- West:     11,000

• Mountain     7,000

• Pacific     4,000

Change by Establishment Size

- Small establishments:     38,000

• 1-19 employees     39,000

• 20-49 employees     -1,000

- Medium establishments:     62,000

• 50-249 employees     46,000

• 250-499 employees     16,000

- Large establishments:     98,000

• 500+ employees     98,000

PAY INSIGHTS

Pay gains for job-changers slowed in April
Year-over-year pay gains for job-stayers were little changed in April at 5 percent. Pay growth for job-changers fell from 10.1 percent in March to 9.3 percent, but remains higher than it was at the beginning of the year.

Median Change in Annual Pay (ADP matched person sample)

- Job-Stayers     5.0%

- Job-Changers     9.3%

Median Change in Annual Pay for Job-Stayers by Industry Sector

- Goods-producing:

• Natural resources/mining     4.7%

• Construction     5.9%

• Manufacturing     4.6%

- Service-providing:                                               

• Trade/transportation/utilities     4.7%

• Information     4.4%

• Financial activities     5.1%

• Professional/business services     4.9%

• Education/health services     5.7%

• Leisure/hospitality     5.8%

• Other services     5.7%

Median Change in Annual Pay for Job-Stayers by Firm Size

- Small firms:

• 1-19 employees     5.0%

• 20-49 employees     5.2%

- Medium firms:

• 50-249 employees     5.2%

• 250-499 employees     5.0%

- Large firms:

• 500+ employees     4.9%

To see Pay Insights by U.S. State, Gender, and Age for Job-Stayers, visit here:

* Sum of components may not equal total, due to rounding.

The March total of jobs added was revised from 184,000 to 208,000. The historical data file, and weekly data for the previous month, is available at https://adpemploymentreport.com/.

To subscribe to monthly email alerts or obtain additional information about the ADP National Employment Report, including employment and pay data, interactive charts, methodology, and a calendar of release dates, please visit https://adpemploymentreport.com/.    

The May 2024 ADP National Employment Report will be released at 8:15 a.m. ET on June 5, 2024.