A Closer Look

ADP | Businesses add jobs

Businesses added more than 200,000 jobs in March, giving fresh evidence of recovery in the labor market, data showed on Wednesday.

The ADP National Employment Report showed the private sector added 209,000 positions last month, slightly above economists’ expectations for a gain of 200,000 jobs.

Analysts said it did not change their forecasts for the government’s more comprehensive labor market report for March due on Friday, which includes both public and private sector employment.

Separate data showed a measure of employment in the vast U.S. services sector also rose last month, even though the pace of overall growth slowed. Analysts said the pullback was expected after the index ran up to a year high in February…

Source:

Read more @ Businesses add jobs, service sector growth dips | Reuters.

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