Stand up for nonprofit news & help us reach our $100,000 goal! GIVE NOW

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.

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.