US EditionPrivate companies added 155,000 jobs in March, more than expected, ADP says
- Private payrolls in the U.S. Grew by 155,000 jobs in March, exceeding economists' expectations of 115,000, according to the ADP National Employment Report.
- Professional and business services added the most positions, with 57,000 new jobs, according to the ADP report.
- Despite ongoing policy uncertainty, the labor market shows resilience, as noted by Nela Richardson, ADP's chief economist, who stated, 'the March topline number was a good one for the economy.'
- Job openings decreased to 1.07 for every unemployed person in February, down from 1.13 in January, indicating a slowing labor market.
38 Articles
38 Articles
U.S. Private Sector Job Growth Accelerates Amid Economic Uncertainty
The ADP National Employment Report reveals that the US private sector added 155,000 jobs in March, marking a significant acceleration from February’s revised total of 84,000. Economists had predicted a smaller increase of 115,000 jobs, highlighting the labor market’s unexpected strength despite broader economic challenges. Service-providing industries drove most of the growth, creating 132,000 jobs. […]
Employment in the EU ‘takes strength’ in March: 155 thousand jobs are created, more than expected
Recruitment in U.S. companies accelerated last month, recovering from a weak February marked by a 4% drop in the unemployment rate in the United States. Private sector payrolls increased by 155,000 in March, according to ADP Research. That figure exceeded all estimates, except one, from a Bloomberg survey of economists. Increases were due to professional and business services, financial activities, and manufacturing.
Private Employers Added 155,000 Jobs in March, ADP Report Shows
Private employers added 155,000 jobs in March, signaling continued strength in the U.S. labor market despite signs of moderation in wage growth, according to the ADP National Employment Report released on April 2. The monthly snapshot, based on anonymized payroll data from more than 25 million workers, showed job creation across most sectors of the economy, though some industries and regions posted losses. The report indicated that annual pay gr…
U.S. Businesses Added 155,000 New Jobs in March, According to ADP Data: 'A Good One for the Economy'
The latest ADP research shows that private sector employment grew by 155,000 jobs in March, making March the month with the highest number of job additions yet this year.
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