ADP: U.S. private-sector firms added 191K new jobs in March

Nathan Andrada – Fourth Estate Cooperative Contributor

Roseland, NJ, United States (4E) – Hiring among U.S. businesses returned to the modest pace of growth seen before job growth was slowe by the severe winter, according to a private-sector employment survey released Wednesday.

In March, payrolls in the U.S. private sector expanded by 191,000 new positions, according to the national employment report by forecasting firm Moody’s Analytics and payroll processor Automatic Data Processing Inc.

The February employment gain was upwardly revised to 178,000 from 139,000 from the previous month. The ADP report is released ahead of the employment situation report by the Bureau of Labor Statistics (BLS) due on Friday.

Economists said it is likely the BLS will report a 200,000 rise in nonfarm payrolls in March, an improvement from 175,000 jobs added in February.

Businesses with 1 to 49 workers hired 72,000 new workers in March, according to ADP. Medium-sized firms with 50 to 499 workers rose payrolls by 52,000 employees. Large businesses with 500 or more employees, added 67,000 more workers.

Payrolls in the U.S. service sector rose by 164,000 positions in March. The factory sector added 5,000 slots, and construction payrolls employed 20,000 new workers.

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