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Private sector hiring pace slows, survey says

Hiring Sign

Private employers added 158,000 jobs in March, the smallest gain in five months and falling short of economists' expectations, a report by a payrolls processor showed on Wednesday. Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 200,000 jobs.

 

ADP: 209,000 Jobs Added

Private-sector jobs in the U.S. increased 209,000 last month, according to a national employment report published by payroll processor ADP. The gain was just above economists' median expectation of 200,000 contained in a survey done by Dow Jones Newswires.

 

Private Sector Job Growth Accelerates, Report Shows

The ADP report showed private employers added 206,000 jobs this month, prompting economists to raise their forecasts for the U.S. labor report on Friday.

 

Private-Sector Jobs Increase by 114,000

Payroll firm ADP said private businesses added 114,000 jobs in July, more than expected, but similarly strong figures last month contrasted with government data.

 

ADP, Jobless Data Suggest Improvement

Private businesses added a stronger number of jobs in June than expected, according to ADP, while new claims for jobless benefits fell last week.

 

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