Companies hire most in 9 months

Small and medium-sized businesses lead April’s hiring boom. The private sector added 275,000 jobs last month, according to ADP data, marking the largest increase in new hires since July: https://lnkd.in/gBjpu9p Firms with fewer than 50 employees added 59,000 jobs and companies with 50 to 499 workers added 145,000 new hires. Employees in the service sector saw the biggest gains, particularly those in business services, education, health and construction. This data matches sentiment surveys that have recently come out. A new Bank of America survey found that two-thirds of small business owners plan on expanding their company in the next 12 months. Business owners, what is the sentiment like in your region? Are you adding more jobs to your firm? #LinkedInSmallBusiness #smallbusiness #smbs #economy #hiring

Companies hire most in 9 months - with small and medium sized businesses leading the hiring boom!! #AreYouHiring ? #GDP #Payroll #Economy #Future #Finance #Accounting

Small and medium-sized businesses lead April’s hiring boom. The private sector added 275,000 jobs last month, according to ADP data, marking the largest increase in new hires since July: https://lnkd.in/gBjpu9p Firms with fewer than 50 employees added 59,000 jobs and companies with 50 to 499 workers added 145,000 new hires. Employees in the service sector saw the biggest gains, particularly those in business services, education, health and construction. This data matches sentiment surveys that have recently come out. A new Bank of America survey found that two-thirds of small business owners plan on expanding their company in the next 12 months. Business owners, what is the sentiment like in your region? Are you adding more jobs to your firm? #LinkedInSmallBusiness #smallbusiness #smbs #economy #hiring

Strong ADP report today ahead of Friday's BLS jobs report https://lnkd.in/ggGwGkQ

Blowout private payroll and GDP reports, earnings beats, strong private wage growth. Forward S&P 500 P/E roughly at 25 yr. average. I'm grateful that the major news media focuses on all that is negative, while the rest of us can focus on the positive! #payroll #economics #wealthmanagement #financialmarkets #gdp

I just can't see how bond folks are pricing in a near term Fed rate cut at this point. GDP growth of 3.2%, Payroll additions that were nearly double estimates, sturdy retail spending, etc. What data-points tell us we need more stimulus? Maybe below trend inflation? Industrial production? Trying to figure it all out.