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ADP private payrolls drop more than expected

Akin OyedeleMay 4, 2016, 17:45 IST

US private payrolls increased by 156,000 in April, according to ADP Research Institute.

Economists had forecast that the report would show a gain by 195,000, according to Bloomberg. ADP revised its print for March down to 194,000 from 200,000.

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