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Job Growth Slowed In March, Survey Signals
There were 158,000 more jobs on private employers' payrolls in March than in February, the latest ADP National Employment Report estimates.
The gain was less than economists expected, Reuters reports. They thought ADP would say there had been a 200,000-jobs increase.
Along with the data from last month, ADP also revised its figures for February and January. There was good and bad news in those changes:
— "February's [previously reported] gain of 198,000 jobs was revised up by 39,000 to 237,000."
— "January's [previously reported] 215,000 gain was revised down by 38,000 to 177,000."