U.S. private-sector hiring skids to 18-month low as manufacturing jobs fade: ADP
The numbers: Employers hired 129,000 workers in March, payroll processor ADP said Wednesday. That was the weakest showing in 18 months and missed the consensus among economists surveyed by Econoday for job gains of 165,000.
In March, small businesses added just 6,000 jobs, medium-size firms added 63,000, and large employers hired 60,000 workers. All of the gains were in the service sectors: goods-producers lost 6,000 jobs.
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