March private-sector jobs rise 209K: ADP

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Forum Policy

Return to Index

TFC Commodity Trading Forum

March private-sector jobs rise 209K: ADP (by Ruth Mantell)

WASHINGTON (MarketWatch) -- Private-sector payrolls increased 209,000 in March, led by the service-providing sector and small businesses, according to the ADP employment report released Wednesday. The February level was revised to a gain of 230,000 from a prior estimate of 216,000. Markets look to ADP's report on private-sector payrolls to provide some guidance on the U.S. Labor Department's jobs estimate, which will be released Friday and includes information on both private- and public-sector payrolls. Economists polled by MarketWatch expect the Labor Department to report Friday that nonfarm payroll employment rose 200,000 in March, compared with 227,000 in February. They also expect that the unemployment rate declined to 8.2% from 8.3%.

Forum Policy

Return to Index