Contact Us

Latest Reports: Slow But Improving Job Growth [AUDIO]

Economists are focused on the pace of hiring this week, with a pair of pivotal jobs reports.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

A ''Now Hiring'' sign
Joe Raedle, Getty Images

Payroll processor ADP reported companies added 191,000 jobs during March, the strongest growth in three months, but still not robust. Still, many believe the economy has emerged from its winter slumber.

Patrick O’Keefe, director of economic research at CohnReznick in Roseland, said part two of this week’s findings will come Friday from the U.S. Department of Labor.

“Overall, what the ADP report points out, and what we expect to see from BLS (Federal Bureau of Labor Statistics) on Friday, is that the jobs recovery continues,” O’Keefe said.

O’Keefe agrees with those who say a big positive in the ADP report was the variety of jobs created during March. Many different job sectors were represented in the hiring numbers, including construction and manufacturing, trade, financial and professional services.

He says the latest take on New Jersey is that the state actually lost some jobs, but our job recovery will continue to plod slowly upward.

Friday’s BLS reports will measure both private hiring and government jobs. The ADP report measured only the private sector.

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://wobm.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on 92.7 WOBM quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on 92.7 WOBM quickly by logging in with your Facebook account. It's just as secure, and no password to remember!