U.S. Private Sector Added 209,000 Jobs In March: ADP
The U.S. private sector added 209,000 jobs in March, ADP announced Wednesday in its monthly report -- just above the Bloomberg News consensus estimate of 208,000.
Also, February's total was revised up 14,000 to 230,000.
In March, employment on large payrolls -- those with 500 or more workers-increased 22,000, and employment on medium payrolls-those with 50 to 499 workers -- rose 87,000 in March, ADP said. Employment on small payrolls -- those with up to 49 workers -- rose 100,000 that same period.
Of the 87,000 jobs created by medium-sized businesses, 21,000 jobs were created by the goods producing sector and 66,000 jobs were created by the service-providing sector.
Details to follow.
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