ADP reports 209,000 job gains for March
- Blog Post by: Dee DePass
- April 4, 2012 - 12:48 PM
The monthly report from payroll processing giant ADP had good news Wednesday - the creation of 209,000 new jobs in March at small and medium size firms nationwide.
The report follows February's report, which ADP recently revised upward to 230,000 job gains from the previously reported 206,000. Employment watchers were hoping that March would deliver at least 206,000 jobs. Economists noted that this is the fourth month of gains above 200,000.
While ADP focuses on small and medium sized firms, the U.S. Department of Labor's Bureau of Labor Statistics will issue its national jobs report on Friday for companies of all sizes.
The experts from IHS Global Insight predict that the nation gained 210,000 jobs in March. If correct, that is down from February's 227,000 employment gains. Stay tuned.
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