ADP data show private sector of U.S. economy added 145,000 jobs in March
The numbers: U.S. private payrolls climbed by 145,000 in March, according to the ADP National Economic report released on Wednesday.The private sector added a revised 261, 000 jobs in January.
By company size, small businesses added 101,000 private-sector jobs in March while medium businesses added 33,000. Large-sized businesses added 10,000 jobs.For job stayers, year-over-year gains fell to 6.9% from 7.2%. For job changers, pay growth was 14.2%, down from 14.4%. Economists are forecasting that the U.S. Labor Department’s employment report will show the economy added 238,000 jobs in March. That estimate includes government jobs. If the data comes in as expected, it could show over one million jobs created in the first three months of the year.
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