The US private sector witnessed a growth in employment numbers during the four weeks ended March 7, according to data released by ADP on Tuesday.
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US Private Sector Jobs (Four Weeks Ended March 7) |
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|
Estimates |
Prev. Reading |
Current Reading |
Change |
|
Number of Jobs Adds (‘000/week) |
-- |
+9.0 |
+10.0 |
+1.0 |
What does this mean? This indicates that hiring in the US private sector has regained some momentum starting early March, after last week's data suggested a slowdown in hiring by the end of February.
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