ADP: 191,000 Private Sector Jobs Added in March

Published April 02, 2014, 8:15 a.m. EDT

|

Updated April 02, 2014, 8:41 a.m. EDT

1 Min Read

Private sector employment increased by 191,000 jobs from February to March, according to the March ADP National Employment Report.

Processing Content

ADP said the 191,000 jobs gain is slightly higher than the 12-month average.

"The job market is coming out from its deep winter slumber. Job gains are consistent with the pace prior to the brutal winter," Mark Zandi, chief economist of Moody's Analytics, said in a release. "The gains are broad based across industries and business size classes. Even better numbers are likely in coming months as the weather warms."

Economists polled by Thomson Reuters expected 193,000 jobs.

February private payrolls were adjusted up to 178,000 jobs added from the previously reported 139,000.

Managing Editor

Gary Siegel is a journalist with more than 35 years of experience. He started his professional career at the Long Island Journal newspapers based in... Read full bio

For reprint and licensing requests for this article, click here.

MORE FROM BOND BUYER

Primary bond market

Munis mostly quiet to close out a stronger week

Munis saw small gains Thursday, continuing the slight turnaround in sentiment the market has seen this week, with muni yields seeing modest bumps each day, said Jeremy Holtz, a portfolio manager at Income Research + Management.

By Jessica Lerner and Christina Baker

April 2
North Carolina

Rocky Mount, North Carolina, threatened with state takeover

The city is in danger of defaulting on bonds in the next fiscal year, according to Local Government Commission officials who say they will intervene if needed.

By Robert Slavin
Southeast Reporter

April 2
Oklahoma

Oklahoma budget deal struck as Medicaid changes sought

The $12.78 billion fiscal 2027 budget agreement unveiled by Republican officials comes as lawmakers prepare for looming federal Medicaid funding cuts.

By Karen Pierog
Senior Reporter

April 2
Trump administration

Gas prices boosting and biting state budgets

A presidential address does nothing to quell the price of crude oil as states are now calculating the effects of rising fuel prices on their tax revenues.

By Scott Sowers

April 2
Missouri

Missouri lawmakers divided over House budget

Divisions are emerging among Missouri lawmakers over the $50.3 billion fiscal 2027 budget the House passed last Tuesday.

By Jennifer Shea
Midwest reporter

April 2
Trends in the Regions

Underwriters challenged on $13.5 billion in Puerto Rico bonds

Judge Laura Taylor Swain is allowing the continued examination of a count in which a trustee is challenging fees, and some proceeds, of pre-bankruptcy bonds.

By Robert Slavin
Southeast Reporter

April 2

Load More