Private sector adds 119,000 jobs in April: ADP


Private employers added 119,000 jobs in April, well below economists' expectations in the latest piece of data to suggest the economy is encountering a soft patch, a report by a payrolls processor showed on Wednesday.

Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 150,000 jobs.

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As well, March's private payrolls were revised down to an increase of 131,000 from the previously reported 158,000.

The report is jointly developed with Moody's Analytics.

(Reporting by Leah Schnurr; Editing by Chizu Nomiyama)