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ADP Employment Grew by 158 000 in March

ADP’s National Employment Report indicated that the private sector increased employment by 158,000 jobs in March. March’s increase is weaker then February’s gain, which was revised up by 39k jobs to 237k. Improvements in March continued to be driven primarily by the service sector. Februarys ADP report of 237k jobs matched closely to the 236k jobs reported by the BLS.



Job gains continue to be centered in the service sector, which added 151,000 jobs in March, down from 164,000 in February. Goods producing employment added 7,000 new jobs in March, a drop from the 34,000 jobs added in February. Manufacturing contributed 6,000 jobs, a decline from the 9,000 new jobs in February.

Read the ADP release.