Private payrolls came in at 109,000 in April per ADP, missing the 118,000 consensus, as mid-market firms pull back on hiring. JOLTS hires hit a two-year high at 5.55M. Friday's NFP will settle which signal is right.
US private-sector payrolls rose by 109,000 in April, below the 118,000 forecast but up from the revised 61,000 in March. Source
