US Private Sector Hiring Solid in March Amidst Job Market Concerns
Private sector employment in the US increased by 62,000 jobs in March, surpassing expectations, with the healthcare and construction sectors driving nearly all of the growth. Despite solid hiring, concerns about the overall U.S. job market persist, with worries about growth concentrated in a few industries and potential further impact from an oil shock.
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Private sector hiring totaled 62,000 in March, better than expected, ADP says
Private sector employment growth kept pace, but health care and construction continued to provide nearly all the momentum.
Read full article →Private-sector hiring was solid in March, but worries about the U.S. job market continue
Labor-market growth concentrated in few industries, and further impact from oil shock could lie ahead.
By Greg Robb
Read full article →ADP Employment Reports Shows Better Than Expected Job Gains, Accelerating Wages
ADP Employment Reports Shows Better Than Expected Job Gains, Accelerating Wages Hiring and pay gains both held steady in March. The ADP National Employment report printed a better than expected +62k jobs added in March (+40k exp) and modestly down from an upwardly revised 66k in February. That is the ninth straight month of job gains. Source: Bloomberg The smallest employers drove job growth for a second month, while hiring in trade, transportation, and utilities continued to...
By Tyler Durden
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