May 6, 2026
United States:
US Firms Add 109,000 Jobs, Most Since Early 2025, ADP Says
US companies boosted payrolls in April by the most in over a year, the latest evidence of stabilization in the labor market.
Private-sector payrolls rose 109,000 in April after a revised 61,000 advance in the prior month, according to ADP Research data out Wednesday.
Europe:
Euro-Zone Wage Growth to Quicken in Second Half of This Year
Euro-area pay growth is set to accelerate in the second half of the year, the European Central Bank said as it gauges whether spillovers from high energy costs will require it to increase interest rates.
The ECB’s wage tracker, published Wednesday, predicts salaries will rise by an annual 2.6% in both the third and fourth quarters.
Asia:
China’s Surprise Services Upswing Shows Firms Absorb Price Shock
China’s services activity unexpectedly expanded at a stronger pace in April, a private survey showed, even as price shocks from the Iran war ripple through the economy and companies choose not to pass on higher costs to customers.
The RatingDog China services purchasing managers’ index rose to 52.6 from 52.1 in March, according to a statement published Wednesday, staying well above the mark separating expansion from contraction.
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