US April ADP employment +192K vs +175K expected ...Middle East

Prior was +184K (revised to 208K)Goods producing +47KService providing +145KThe median change in annual pay:Job stayers 5.0% versus 5.1% last monthJob changers 9.3% versus 10.1% last monthHiring was broad-based in April,” said Nela Richardson, chief economist, ADP. “Only the information sector – telecommunications, media, and information technology – showed weakness, posting job losses and the smallest pace of pay gains since August 2021.”This is the highest reading since July (excluding the revision) but the reaction in the FX market was muted. This article was written by Adam Button at www.forexlive.com.

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