Private payrolls rose by 455,000 in March, topping expectations: ADP

Private payrolls rose by 455,000 in March, topping expectations: ADP

U.S. private sector employers brought back slightly more jobs than expected in March as the economy faced ongoing labor shortages and widespread vacancies.

Private sector payrolls rose by 455,000 in this past month, ADP said in its latest report Wednesday. Consensus economists were looking for 450,000 jobs to return, according to Bloomberg data. In February, employers brought back 486,000 payrolls, based on ADP’s upwardly revised monthly print.

The private services sector saw jobs return…


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