Find the latest episode of "This Is Uncomfortable" here. Listen

Private sector job gains miss the mark

Jeremy Hobson Apr 3, 2013
HTML EMBED:
COPY

Private sector job gains miss the mark

Jeremy Hobson Apr 3, 2013
HTML EMBED:
COPY

The payroll processing company ADP reported this morning that 158,000 private sector jobs were added last month. The latest figures, which come just two days before the official monthly jobs report from the Labor Department, fall below analyst expectations.

Gus Faucher, senior economist with PNC Financial Services Group, joins Marketplace Morning Report host Jeremy Hobson to explain the dip in private sector job gains and how the sequester is likely to effect government hiring.

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.