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<Econ> US Mar ADP Private Payrolls Rise 62,000, Above Forecasts
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The ADP employment report on Wednesday showed that US private sector jobs increased steadily in March. Private employment rose by 62,000 positions last month, above economists expectations for an increase of 40,000. The gain for February was revised up to 66,000.

Nela Richardson, Chief Economist at ADP, said overall hiring remained stable, but job growth continued to be concentrated in certain sectors, including healthcare. In March, this solid performance was accompanied by stronger wage growth for job switchers.

Related NewsUS Mar ADP Employment Change at 62,000, Below Previous 63,000; Forecast 40,000
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