Businesses in the U.S. added 184,000 workers to their payrolls in March, the largest increase in hiring since July, according to payroll processor ADP. The March hiring exceeded even the most optimistic forecasts. The median forecast was for 155,000 jobs,
Could demand for labor in the U.S. finally be cooling?
The leisure and hospitality sector added a jaw-dropping 232,000 jobs.
Payrolls at private companies grew by 296,000 in April, far more than the 143,000 expected.
Job growth was strong in both construction and hospitality.
Not the cooling the Fed was looking for.
Does not look like monetary policy has become restrictive yet.
Leisure and hospitality payrolls drove private sector hiring to a much faster pace than expected.
Services sector hiring rose sharply in September, adding to inflation worries.
ADP is no longer trying to forecast the official jobs report and says its report is an independent look a the labor market.
Businesses with fewer than 50 employees saw their payrolls drop by 91,000 in May, ADP said Thursday.
The January estimate went from a loss of more than 300,000 to a gain of more than 500,000.
Matching the second worst month ever recorded in small business ADP payroll data.
January looks like it was a disaster for jobs.
ADP has not had a great track record through the pandemic.
Private payrolls increased by 374,000 in August, missing expectations for 600,000, according to ADP data released Wednesday.
In May and June, Republican governors announced they would stop the extra payments prior to their expiration date in September. That appears to be prompting out-of-work Americans to accept jobs.
U.S. businesses accelerated the pace of hiring in May, according to data released Thursday by payroll processing firm ADP.
ADP estimates that 742,000 workers were added to private-sector payrolls in the month, an increase from the upwardly revised 565,000 estimated for March.
U.S. businesses added 517,000 workers in March as states like Texas and Florida lifted pandemic restrictions, data from payroll provider ADP indicated Wednesday.
Private payrolls grew by less than expected in February, according to data released Wednesday.
Better than expected.
Big businesses shrank payrolls the most in December, according to a report from ADP.
Construction, manufacturing, transportation, and hospitality led the gains.
Economists had forecast millions of jobs would be added by U.S. businesses.
A total of 5.37 million jobs added in May and June
The AP private payrolls report suggests the labor market may be healthier than it has looked.
Businesses in the United States added 291,000 workers to private payrolls, according to a report Wednesday from ADP and Moody’s Analytics
The U.S. private sector added 202,000 positions in December, according to an estimate from ADP and Moody’s Analytics.
The private sector added just 67,000 jobs in November, the fewest since May and well below expectations, ADP said.
Hiring slowed a bit in September but still beat expectations.
Private sector payrolls added just 27,000 new jobs in May, according to a report Wednesday from Moody’s Analytics and ADP.
Maybe the labor market did not suffer as much as expected during the government shutdown.
The Great American Jobs boom rolls on.
