ADP News Release (04/02/14)
Automatic Data Processing estimates that 191,000 employees were hired for private-sector jobs in March, up from an upwardly revised 178,000 in February. A Wall Street consensus forecast had estimated that 195,000 employees were hired.
Goods-producing employment rose by 28,000 jobs in March, slightly faster than an upwardly revised pace of 25,000 in February. Most of the gains came from the construction industry, which added 20,000 jobs over the month compared with an average of 16,000 during the prior three months.
Service-providing employment rose by 164,000 jobs in March, up from an upwardly revised 153,000 in February. Professional and business services contributed the most to growth in service-providing industries, adding 53,000 jobs, slightly more than the 49,000 in February.