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Private sector hiring totaled 62,000 in March, better than expected, ADP says
Health care and construction drove most of the gain, with small businesses adding 85,000 jobs and large firms cutting 4,000, ADP said.
- On Wednesday, the ADP National Employment Report showed U.S. private-sector payrolls increased by 62,000 jobs in March, according to data from ADP Research and the Stanford Digital Economy Lab.
- Small businesses with fewer than 50 employees added 85,000 jobs, while education and health services led industry growth with 58,000 new positions, driving March's overall gains.
- Conversely, trade, transportation, and utilities shed 58,000 jobs while manufacturing declined 11,000; pay for job-stayers held steady at 4.5%, though job-changers saw 6.6% annual gains.
- The Bureau of Labor Statistics will release its official nonfarm payrolls report on Friday, with this ADP data serving as an early independent gauge of labor market trends.
- Hiring figures reflect a long-term cooling, with private employers adding 398,000 jobs in 2025 compared to 771,000 in 2024, extending a three-year deceleration in hiring.
33 Articles
33 Articles
Small Business Hiring Boom Pushes Private Payrolls Up More Than Expected
Private employers added 62,000 jobs in March, blowing past the 40,000 gain economists had forecast, according to the ADP National Employment Report released Wednesday. The post Small Business Hiring Boom Pushes Private Payrolls Up More Than Expected appeared first on Breitbart.
Private Hiring Tops Expectations In March: ADP Data
Private sector hiring rose modestly in March, with 62,000 jobs added, slightly exceeding expectations, according to ADP data reported by CNBC. The gains were driven largely by health care and construction, which accounted for most of the growth. The report said education and health services contributed 58,000 jobs, while construction added 30,000. Other sectors such as information services and mining posted smaller increases. However, losses in …
Private sector added 62,000 jobs in March, above expectations, ADP says
Companies in the private sector added 62,000 jobs in March, payroll processing firm ADP said Wednesday.The figure is above economists’ estimates of a gain of 40,000 jobs. The prior month's payrolls number was revised higher to a gain of 66,000 from an initially reported gain of 63,000."Overall hiring is steady, but job growth continues to favor certain industries, including health care," said ADP chief economist Nela Richardson. "In March, this …
The U.S. private sector opened 62 grand ago...
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