Private Payrolls Poppin' Like It's Hot
Private payrolls shot up faster than a crip in a rap battle in April with ADP reporting a solid 192,000 worker increase beating expectations. Worker pay also saw a 5% rise from last year proving that when it comes to money Snoop D O double G ain't the only one making bank ya dig?
Job Openings Gettin' Cold
In contrast job openings be droppin' like it's hot hitting the lowest level since early 2021. With postings fallin' by over 1.1 million it seems like employment opportunities are 'bout as rare as a sober Snoop at a party.
ADP vs. Bureau of Labor Statistics: The Showdown
While ADP's track record might be spotty like a Dalmatian their numbers were almost on par with the Bureau of Labor Statistics in March. Let's hope they stay in sync like two rappers droppin' beats in a freestyle battle this time around.
Snoop Dogg private payrolls job openings labor market ADP nonfarm payrolls hiring inflation economy Bureau of Labor Statistics
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