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US Economy
U.S. private sector job loss slows in April
NEW YORK (Reuters) - U.S. private sector job losses slowed in April, coming in below economists' expectations, according to a report by ADP Employer Services on Wednesday.
ADP said private employers cut 491,000 jobs in April versus a revised 708,000 lost in March that was originally reported at 742,000 jobs lost.
Economists had expected 650,000 private-sector job cuts in April, according to a Reuters poll.
(Reporting by Burton Frierson, Editing by Chizu Nomiyama)
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