ADP: Private payrolls up 109,000 in April

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ErnestEndeavor
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7:23a, 5/6/26
ADP is a payroll processing company. They release data on estimated nationwide private payroll gains/losses based on their own data. This data is very important because it is not based on any sort of potentially fudged government numbers.

https://www.cnbc.com/2026/05/06/private-payrolls-rose-by-109000-in-april-topping-expectations-adp-says.html

Quote:

As has been the case, job creation was concentrated in a few key categories, an indication that while hiring overall is solid, the benefits are not being spread out over sectors.

Education and health services again dominated, adding 61,000 new hires. Trade, transportation and utilities saw a gain of 25,000. Construction, another consistent leader in recent months, rose by 10,000, while financial activities contributed 9,000.

The Trump administration's tariff efforts to reshore jobs through tariffs also showed only modest gains, with the sector adding 2,000. Leisure and hospitality and information services each saw growth of 4,000. Professional and business services reported a loss of 8,000.

From a size standpoint, companies with fewer than 50 employees added 65,000 while those with 500 or more workers added 42,000.
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infinity ag
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7:39a, 5/6/26
Big deal.

Trump needs to work faster on offshoring menace. Tax them hard, that is the only way.
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LMCane
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7:40a, 5/6/26
great news

economy humming along

54 record highs on Wall Street since Trump took office!
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infinity ag
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In reply to LMCane • 7:43a, 5/6/26
LMCane said:
great news

economy humming along

54 record highs on Wall Street since Trump took office!


Stock market great
Job market in the tank

I make most of my money in stock market so I am good (I am up big YTD). But what about most people? They are unemployed. Even in my current job, my salary is way down from what is used to be.

No, I won't do HVAC, plumber, electrician jobs. I'd rather retire.

Trump needs to work fast to improve the job market, I don't trust all these feel-good news articles.
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ErnestEndeavor
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In reply to infinity ag • 7:45a, 5/6/26
I think it's very industry specific but ADP reported those who stayed in their jobs over the last year gained 4.4% in pay increases on average.
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Logos Stick
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8:05a, 5/6/26
That's 3 times break even for population changes. Trump is cooking.
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harge57
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In reply to infinity ag • 8:07a, 5/6/26
AG
infinity ag said:
LMCane said:
great news

economy humming along

54 record highs on Wall Street since Trump took office!


Stock market great
Job market in the tank

I make most of my money in stock market so I am good (I am up big YTD). But what about most people? They are unemployed. Even in my current job, my salary is way down from what is used to be.

No, I won't do HVAC, plumber, electrician jobs. I'd rather retire.

Trump needs to work fast to improve the job market, I don't trust all these feel-good news articles.


Most people are not unemployed. What are you talking about? You know you are responding to a thread about a good jobs report? The job market may be slowing in certain sectors after record post covid growth, but it is nowhere near high levels of unemployment.
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LMCane
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In reply to infinity ag • 8:09a, 5/6/26
infinity ag said:
LMCane said:
great news

economy humming along

54 record highs on Wall Street since Trump took office!


Stock market great
Job market in the tank

I make most of my money in stock market so I am good (I am up big YTD). But what about most people? They are unemployed. Even in my current job, my salary is way down from what is used to be.

No, I won't do HVAC, plumber, electrician jobs. I'd rather retire.

Trump needs to work fast to improve the job market, I don't trust all these feel-good news articles.

I starred you but come on man.

you are just wrong on the facts.

unemployment is STILL at near decade long lows.

literally- it is lower now than much of the past 60 years.

and WAGE GROWTH has been extremely high (hence inflation)

you are just wrong on the facts - regardless of your own personal observations or feelings.
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Logos Stick
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In reply to harge57 • 8:12a, 5/6/26
harge57 said:
infinity ag said:
LMCane said:
great news

economy humming along

54 record highs on Wall Street since Trump took office!


Stock market great
Job market in the tank

I make most of my money in stock market so I am good (I am up big YTD). But what about most people? They are unemployed. Even in my current job, my salary is way down from what is used to be.

No, I won't do HVAC, plumber, electrician jobs. I'd rather retire.

Trump needs to work fast to improve the job market, I don't trust all these feel-good news articles.


Most people are not unemployed. What are you talking about? You know you are responding to a thread about a good jobs report? The job market may be slowing in certain sectors after record post covid growth, but it is nowhere near high levels of unemployment.


Most people are unemployed
Every job is being offshored
Most companies are hiring nothing but h1bs
AI is not replacing human cognitive labor
CEOs are evil
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87IE
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In reply to Logos Stick • 8:17a, 5/6/26
AG
Logos Stick said:
harge57 said:
infinity ag said:
LMCane said:
great news

economy humming along

54 record highs on Wall Street since Trump took office!


Stock market great
Job market in the tank

I make most of my money in stock market so I am good (I am up big YTD). But what about most people? They are unemployed. Even in my current job, my salary is way down from what is used to be.

No, I won't do HVAC, plumber, electrician jobs. I'd rather retire.

Trump needs to work fast to improve the job market, I don't trust all these feel-good news articles.


Most people are not unemployed. What are you talking about? You know you are responding to a thread about a good jobs report? The job market may be slowing in certain sectors after record post covid growth, but it is nowhere near high levels of unemployment.


Most people are unemployed
Every job is being offshored
Most companies are hiring nothing but h1bs
AI is not replacing human cognitive labor
CEOs are evil

Don't forget about everyone else in the C-suites.. he has an erection for them as well.
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Jack Squat 83
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8:26a, 5/6/26
AG
Is the handle 'Doom and Gloom' already taken?
I don't think you know me.
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Hoyt Ag
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In reply to LMCane • 8:30a, 5/6/26
AG
LMCane said:
infinity ag said:
LMCane said:
great news

economy humming along

54 record highs on Wall Street since Trump took office!


Stock market great
Job market in the tank

I make most of my money in stock market so I am good (I am up big YTD). But what about most people? They are unemployed. Even in my current job, my salary is way down from what is used to be.

No, I won't do HVAC, plumber, electrician jobs. I'd rather retire.

Trump needs to work fast to improve the job market, I don't trust all these feel-good news articles.

I starred you but come on man.

you are just wrong on the facts.

unemployment is STILL at near decade long lows.

literally- it is lower now than much of the past 60 years.

and WAGE GROWTH has been extremely high (hence inflation)

you are just wrong on the facts - regardless of your own personal observations or feelings.


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fullback44
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9:01a, 5/6/26
AG
The economy will not be humming until I see the construction jobs rising... it should rise fast once things get rolling..
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infinity ag
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9:15a, 5/6/26
The job market is still VERY BAD in high income areas as they are being taken over by foreigners or off-shored.

If one does not believe it, just look around you, go to places where you will meet such people and talk to them. I don't trust any of these government numbers, they can be misleading if not blatantly wrong. People are taking up jobs with much lower salaries than earlier - yes, they may be employed, but at what level? I want to see a comparison of mean/median salaries from today and from 10 years ago. You can have 100% employment if you manage to hire everyone for 10k a year. That isn't going to do it.

New grads are struggling to find new jobs, I have kids that age so I know what is really happening.

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infinity ag
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In reply to ErnestEndeavor • 9:18a, 5/6/26
ErnestEndeavor said:
I think it's very industry specific but ADP reported those who stayed in their jobs over the last year gained 4.4% in pay increases on average.


What about those who got laid off? You can have 100 people, and lay off 80 of them and to the remaining 20, give them a 4.4% raise. That is all the data that you quoted says.
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Sims
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In reply to fullback44 • 9:21a, 5/6/26
AG
fullback44 said:
The economy will not be humming until I see the construction jobs rising... it should rise fast once things get rolling..

Residential?

Silver Tsunami may have something to say with respect to residential construction specifically. Historically it's a great indicator but we are entering a phase without historical precedent.

Not saying you're wrong as it is a preferred indicator, I just think a more holistic look will be necessary to make the call. Given rate lock effects, immigration effects, boomers downsizing and estate transfers...lots of crosscurrents in residential - starts may be a much noisier signal this time around.
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Sims
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In reply to infinity ag • 9:31a, 5/6/26
AG
infinity ag said:
The job market is still VERY BAD in high income areas as they are being taken over by foreigners or off-shored.

If one does not believe it, just look around you, go to places where you will meet such people and talk to them. I don't trust any of these government numbers, they can be misleading if not blatantly wrong. People are taking up jobs with much lower salaries than earlier - yes, they may be employed, but at what level? I want to see a comparison of mean/median salaries from today and from 10 years ago. You can have 100% employment if you manage to hire everyone for 10k a year. That isn't going to do it.

New grads are struggling to find new jobs, I have kids that age so I know what is really happening.


The job market in your niche/industry may be different than others' lived experience.

I'm in an industry where recruiters are aggressive enough to cold call me multiple times per week. I'm a 20 year veteran of heavy manufacturing and industrial construction - it's a sellers market for talent in those industries.

I wouldn't say the overall job market is VERY BAD, but I would agree certain industries are being elevated and others suppressed. As others have pointed out, in sectors where actual demand is not being wildly disrupted by innovation (AI) there are not only green shoots, there are bidding wars for talent.
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akm91
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In reply to infinity ag • 9:35a, 5/6/26
AG
Quote:
But what about most people? They are unemployed. Even in my current job, my salary is way down from what is used to be.

That's just not true at all. Unless most of your salary is commission based or you're underemployed, how can your salary be way down?
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infinity ag
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In reply to Sims • 9:35a, 5/6/26
Sims said:
infinity ag said:
The job market is still VERY BAD in high income areas as they are being taken over by foreigners or off-shored.

If one does not believe it, just look around you, go to places where you will meet such people and talk to them. I don't trust any of these government numbers, they can be misleading if not blatantly wrong. People are taking up jobs with much lower salaries than earlier - yes, they may be employed, but at what level? I want to see a comparison of mean/median salaries from today and from 10 years ago. You can have 100% employment if you manage to hire everyone for 10k a year. That isn't going to do it.

New grads are struggling to find new jobs, I have kids that age so I know what is really happening.


The job market in your niche/industry may be different than others' lived experience.

I'm in an industry where recruiters are aggressive enough to cold call me multiple times per week. I'm a 20 year veteran of heavy manufacturing and industrial construction - it's a sellers market for talent in those industries.

I wouldn't say the overall job market is VERY BAD, but I would agree certain industries are being elevated and others suppressed. As others have pointed out, in sectors where actual demand is not being wildly disrupted by innovation (AI) there are not only green shoots, there are bidding wars for talent.


Could you please post more information for some job titles for which there are bidding wars? You could pick out any company from Linkedin or elsewhere, not your own employer. I am curious about which sectors are booming.

Manufacturing has been gone for decades. Tech is going as well. I have seen companies hiring foreigners with unimaginably low salaries in high cost areas to depress US wages. To the people who are okay with this, don't complain when your neighborhoods (Frisco, Prosper etc) are overrun by foreigners who don't share American values.
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Hoyt Ag
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In reply to Sims • 9:37a, 5/6/26
AG
Sims said:
infinity ag said:
The job market is still VERY BAD in high income areas as they are being taken over by foreigners or off-shored.

If one does not believe it, just look around you, go to places where you will meet such people and talk to them. I don't trust any of these government numbers, they can be misleading if not blatantly wrong. People are taking up jobs with much lower salaries than earlier - yes, they may be employed, but at what level? I want to see a comparison of mean/median salaries from today and from 10 years ago. You can have 100% employment if you manage to hire everyone for 10k a year. That isn't going to do it.

New grads are struggling to find new jobs, I have kids that age so I know what is really happening.


The job market in your niche/industry may be different than others' lived experience.

I'm in an industry where recruiters are aggressive enough to cold call me multiple times per week. I'm a 20 year veteran of heavy manufacturing and industrial construction - it's a sellers market for talent in those industries.

I wouldn't say the overall job market is VERY BAD, but I would agree certain industries are being elevated and others suppressed. As others have pointed out, in sectors where actual demand is not being wildly disrupted by innovation (AI) there are not only green shoots, there are bidding wars for talent.

Im a power plant manager and I get calls and emails weekly on new roles opening up. I am not ready to relocate at this time but in my line of work the jobs are there. The only people I know out of work are in tech or have worthless degrees. In my area if you are in the trades you couldn't be out of work if you tried, there is so much work to be done.
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Aggie95
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9:38a, 5/6/26
AG
Need oil/gas prices to moderate. Oil in the $75-$85 per barrel range and gas in the $2.50 - $2.75 range would be awesome for the economy
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Bulldog73
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9:41a, 5/6/26
AG
If you discount the skilled trades, yeah, the economy might not be roaring. And I have no doubt that college grads, particulary with liberal arts degrees, are not finding work quickly. Because discounting skilled trades is, ahem, stupid. Mike Rowe was talking to Plano electricians pulling down $200K and who were setting their own hours. There is a huge need for HVAC, electrical linemen, welders, plumbers, etc. And some college paths are booming, too. Teachers, nurses all can decide where they want to get their jobs. But if you're too good to go where the work is, you might get hungry.
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Silent For Too Long
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In reply to infinity ag • 9:42a, 5/6/26
The only sectors struggling are some tech sectors and government bureaucracy. The economy is doing very well for everyone else.

Your anecdotes don't magically become data not matter how hard you try.
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Agfencer98
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9:42a, 5/6/26
AG
I've had 7 headhunters call me this week alone. 3 last week.

At least in my industry, there seems to be a ton of demand.
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LMCane
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In reply to fullback44 • 9:44a, 5/6/26
fullback44 said:
The economy will not be humming until I see the construction jobs rising... it should rise fast once things get rolling..


Kevin Hassett just this morning reported 54,000 construction jobs create
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Kansas Kid
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In reply to LMCane • 9:45a, 5/6/26
LMCane said:
great news

economy humming along

54 record highs on Wall Street since Trump took office!

Stock market is something Trump likes to tout as proof he is doing great. The problem with that method is you then have to say Clinton and Obama (first term) were even better Presidents. It also would imply Biden was better than Reagan.

1981-1985 Reagan (R) 30%
1985-1989 Reagan (R) 68%
1989-1993 Bush (R) 52%
1993-1997 Clinton (D) 79%
1997-2001 Clinton (D) 73%
2001-2005 Bush (R) -12%
2005-2009 Bush (R) -28%
2009-2013 Obama (D) 85%
2013-2017 Obama (D) 52%
2017-2021 Trump (R) 67%
2021-2025 Biden (D) 56%
Average 40%
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Aggie95
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In reply to LMCane • 9:46a, 5/6/26
AG
LMCane said:
fullback44 said:
The economy will not be humming until I see the construction jobs rising... it should rise fast once things get rolling..


Kevin Hassett just this morning reported 54,000 construction jobs create


Update - 52,750 of them were in data center projects
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Logos Stick
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In reply to Kansas Kid • 9:49a, 5/6/26
Kansas Kid said:
LMCane said:
great news

economy humming along

54 record highs on Wall Street since Trump took office!

Stock market is something Trump likes to tout as proof he is doing great. The problem with that method is you then have to say Clinton and Obama (first term) were even better Presidents. It also would imply Biden was better than Reagan.

1981-1985 Reagan (R) 30%
1985-1989 Reagan (R) 68%
1989-1993 Bush (R) 52%
1993-1997 Clinton (D) 79%
1997-2001 Clinton (D) 73%
2001-2005 Bush (R) -12%
2005-2009 Bush (R) -28%
2009-2013 Obama (D) 85%
2013-2017 Obama (D) 52%
2017-2021 Trump (R) 67%
2021-2025 Biden (D) 56%
Average 40%


Obama 1 and Biden should be thrown out as exceptions for obvious reasons. Even Clinton 2 was mainly a bubble that W paid for.
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Kansas Kid
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In reply to Logos Stick • 9:53a, 5/6/26
Logos Stick said:
Kansas Kid said:
LMCane said:
great news

economy humming along

54 record highs on Wall Street since Trump took office!

Stock market is something Trump likes to tout as proof he is doing great. The problem with that method is you then have to say Clinton and Obama (first term) were even better Presidents. It also would imply Biden was better than Reagan.

1981-1985 Reagan (R) 30%
1985-1989 Reagan (R) 68%
1989-1993 Bush (R) 52%
1993-1997 Clinton (D) 79%
1997-2001 Clinton (D) 73%
2001-2005 Bush (R) -12%
2005-2009 Bush (R) -28%
2009-2013 Obama (D) 85%
2013-2017 Obama (D) 52%
2017-2021 Trump (R) 67%
2021-2025 Biden (D) 56%
Average 40%


Obama 1 and Biden should be thrown out as exceptions for obvious reasons. Even Clinton 2 was mainly a bubble that W paid for.

I love how people on both sides always want to throw out cases that don't fit their narrative. So should we throw out the current record of Trump because he followed Biden who was horrible for the economy. As for bubbles, by almost every metric, the current market is way more overvalued than the end of Clinton.
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Logos Stick
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In reply to Kansas Kid • 9:54a, 5/6/26
Kansas Kid said:
Logos Stick said:
Kansas Kid said:
LMCane said:
great news

economy humming along

54 record highs on Wall Street since Trump took office!

Stock market is something Trump likes to tout as proof he is doing great. The problem with that method is you then have to say Clinton and Obama (first term) were even better Presidents. It also would imply Biden was better than Reagan.

1981-1985 Reagan (R) 30%
1985-1989 Reagan (R) 68%
1989-1993 Bush (R) 52%
1993-1997 Clinton (D) 79%
1997-2001 Clinton (D) 73%
2001-2005 Bush (R) -12%
2005-2009 Bush (R) -28%
2009-2013 Obama (D) 85%
2013-2017 Obama (D) 52%
2017-2021 Trump (R) 67%
2021-2025 Biden (D) 56%
Average 40%


Obama 1 and Biden should be thrown out as exceptions for obvious reasons. Even Clinton 2 was mainly a bubble that W paid for.

I love how people always want to throw out cases that don't fit their narrative. So should we throw out the current record of Trump because he followed Biden who was horrible for the economy. As for bubbles, by almost every metric, the current market is way more overvalued than the end of Clinton.



Its not a narrative. Your data is trash as far as making any kind of valid judgement across Presidents, that's all.
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Sims
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In reply to infinity ag • 9:54a, 5/6/26
AG
I'd post my title but it starts with C and ends with O and I know that would not pave the way for a productive conversation with you.
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Squadron7
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In reply to Jack Squat 83 • 10:00a, 5/6/26
AG
Jack Squat 83 said:
Is the handle 'Doom and Gloom' already taken?


Who was the poster that was regularly called "Melty" on the Football board? His spirit animal is posting here.
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Kansas Kid
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In reply to Logos Stick • 10:03a, 5/6/26
Logos Stick said:
Kansas Kid said:
Logos Stick said:
Kansas Kid said:
LMCane said:
great news

economy humming along

54 record highs on Wall Street since Trump took office!

Stock market is something Trump likes to tout as proof he is doing great. The problem with that method is you then have to say Clinton and Obama (first term) were even better Presidents. It also would imply Biden was better than Reagan.

1981-1985 Reagan (R) 30%
1985-1989 Reagan (R) 68%
1989-1993 Bush (R) 52%
1993-1997 Clinton (D) 79%
1997-2001 Clinton (D) 73%
2001-2005 Bush (R) -12%
2005-2009 Bush (R) -28%
2009-2013 Obama (D) 85%
2013-2017 Obama (D) 52%
2017-2021 Trump (R) 67%
2021-2025 Biden (D) 56%
Average 40%


Obama 1 and Biden should be thrown out as exceptions for obvious reasons. Even Clinton 2 was mainly a bubble that W paid for.

I love how people always want to throw out cases that don't fit their narrative. So should we throw out the current record of Trump because he followed Biden who was horrible for the economy. As for bubbles, by almost every metric, the current market is way more overvalued than the end of Clinton.



Its not a narrative. Your data is trash as far as making any kind of valid judgement across Presidents, that's all.

Exactly my point. You are the one wanting to use the stock market hitting record highs as proof Trump is doing great. The last President to serve that didn't see a record high at some point was Herbert Hoover.
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IIIHorn
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In reply to Logos Stick • 10:14a, 5/6/26
Logos Stick said:
Kansas Kid said:
LMCane said:
great news

economy humming along

54 record highs on Wall Street since Trump took office!

Stock market is something Trump likes to tout as proof he is doing great. The problem with that method is you then have to say Clinton and Obama (first term) were even better Presidents. It also would imply Biden was better than Reagan.

1981-1985 Reagan (R) 30%
1985-1989 Reagan (R) 68%
1989-1993 Bush (R) 52%
1993-1997 Clinton (D) 79%
1997-2001 Clinton (D) 73%
2001-2005 Bush (R) -12%
2005-2009 Bush (R) -28%
2009-2013 Obama (D) 85%
2013-2017 Obama (D) 52%
2017-2021 Trump (R) 67%
2021-2025 Biden (D) 56%
Average 40%


Obama 1 and Biden should be thrown out as exceptions for obvious reasons. Even Clinton 2 was mainly a bubble that W paid for.


Don't forget the 9 11 attacks.


( ...voice punctuated with a clap of distant thunder... )
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YouBet
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In reply to Kansas Kid • 10:18a, 5/6/26
AG
Meh. The stock market has been unhinged for years now due to QE and every other extra measure that's been done since 2008. We are in uncharted territory and have been for some time.

I dont think you can compare stock market returns from last 3 Presidents back to Reagan. Apples to oranges.
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