Another nail in the Obama re-election coffin.
A private survey shows U.S. businesses sharply reduced hiring in April, a troubling sign two days before the government reports on monthly job growth.
Payroll provider ADP says that businesses added 119,000 jobs last month, far lower than a revised total of 201,000 jobs in March.
The report covers hiring only in the private sector. And it has been known to deviate sharply from the government’s figures, which will be released on Friday.
Obama’s people will just make up whatever number they think they can get away with. Then it’ll be quietly revised later.