Private payrolls surge by 275,000 in April, blowing past estimates in biggest gain since July

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Private payrolls surge by 275,000 in April, blowing past estimates in biggest gain since July
France Dernières Nouvelles,France Actualités
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Private payrolls grew by 275,000 last month, the biggest increase since July, when they expanded by 284,000.

Services-providing jobs increased by 223,000 in April, led by a gain of 59,000 jobs in professional and business services.

Economists polled by Dow Jones expected private payrolls growth of 177,000. Goods-producing jobs — which include construction, manufacturing and mining — rose by 52,000, led by a 49,000 payrolls increase in construction. The economy added just 5,000 manufacturing jobs while mining employment declined by 2,000.

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