A monthly report from the payroll giant ADP said Wednesday that U.S. hiring slowed in April, marking the second straight month that job growth disappointed forecasters. Companies hired 119,000 people in April after hiring 201,000 in March. The slowed growth was spread across a broad range of sectors. Analysts say the unusually warm winter may have stimulated hiring over the past few months and then led employers to cut back later.
UNEMPLOYMENT Justin Sullivan