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U.S. Companies Added 455,000 Jobs in March, ADP Report Shows

  • Advance was broad based across firms by size and sector
  • Gain in leisure and hospitality led all service providers
Updated on

Employment growth at U.S. companies in March advanced strongly, indicating higher wages are helping firms fill a near-record number of vacancies.

The broad-based 455,000 gain in payrolls followed a revised 486,000 increase in February, ADP Research Institute data showed Wednesday. The median forecast in a Bloomberg survey of economists called for a 450,000 advance.