According to a new survey, fewer jobs were created in April than originally forecast. The survey predicted a 119,000 job increase, below the median forecast of 150,000. Analysts say that the low numbers reflect a lack of employer confidence in the performance of the economy and the government. The Labor Department will release official figures on Friday.
See "ADP Says U.S. Companies Employed Fewer Workers Than Forecast", Alex Kowalski, Bloomberg News, April 30, 2013