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By: oldCADuser in FFFT | Recommend this post (0)
Wed, 04 Apr 12 6:36 PM | 78 view(s)
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March private-sector jobs rise 209K: ADP

April 4, 2012, 8:19 a.m. EDT

WASHINGTON (MarketWatch) -- Private-sector payrolls increased 209,000 in March, led by the service-providing sector and small businesses, according to the ADP employment report released Wednesday. The February level was revised to a gain of 230,000 from a prior estimate of 216,000. Markets look to ADP's report on private-sector payrolls to provide some guidance on the U.S. Labor Department's jobs estimate, which will be released Friday and includes information on both private- and public-sector payrolls. Economists polled by MarketWatch expect the Labor Department to report Friday that nonfarm payroll employment rose 200,000 in March, compared with 227,000 in February. They also expect that the unemployment rate declined to 8.2% from 8.3%.

http://www.marketwatch.com/story/march-private-sector-jobs-rise-209k-adp-2012-04-04-819160

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