ADP: Private Sector Adds 209,000 Jobs
Employment in the U.S. non-farm private business sector increased by 209,000 from February to March on a seasonally adjusted basis, according to a report released Wednesday.
Employment in the private, service-providing sector increased 164,000 in March, after rising a revised 183,000 in February. Employment in the private, goods-producing sector rose 45,000 in March. Further, manufacturing employment added 23,000 jobs.
Employment on large payrolls – with 500 or more workers – increased 22,000, and employment on medium payrolls – with 50 to 499 workers, rose 87,000 in March. Employment on small payrolls – those with up to 49 workers – rose 100,000 within the 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.
The construction industry saw gains as well, with employment increasing by 13,000. This increase marks the sixth consecutive monthly gain in this sector. While employment in the financial sector increased by 8,000 in February, marking the eighth consecutive monthly gain.
For information on the construction sector and use of the ADP Report, visit the methodology section of the ADP National Employment Report website.