Private sector employment in the US rose by 145,000 jobs in March, according to the ADP National Employment Report released today. The country had added 261,000 jobs in February.
“Our March payroll data is one of several signals that the economy is slowing,” said Nela Richardson, chief economist at ADP. “Employers are pulling back from a year of strong hiring and pay growth, after a three-month plateau, is inching down.”
Here are the jobs added in March by sector:
- Goods-producing, up 70,000
- Natural resources/mining, up 47,000
- Construction, up 53,000
- Manufacturing, down 30,000
- Service-providing, up 75,000
- Trade/transportation/utilities, up 56,000
- Information, down 7,000
- Financial activities, down 51,000
- Professional/business services, down 46,000
- Education/health services, up 17,000
- Leisure/hospitality, up 98,000
- Other services, up 8,000
The ADP National Employment Report, produced by ADP Research Institute in collaboration with the Stanford Digital Economy Lab, uses ADP’s anonymized and aggregated payroll data of over 25 million US employees to provide a representative picture of the labor market. The report details the current month’s total private employment change, and weekly job data from the previous month.