U.S. Private Sector Employment Up More Than Expected In March

Private sector employment in the U.S. increased by more than expected in the month of March, according to a report released by payroll processor ADP on Wednesday.

ADP said private sector employment jumped by 155,000 jobs in March after climbing by an upwardly revised 84,000 jobs in February.

Economists had expected private sector employment to grow by 105,000 jobs compared to the addition of 77,000 jobs originally reported for the previous month.

“Despite policy uncertainty and downbeat consumers, the bottom line is this: The March topline number was a good one for the economy and employers of all sizes, if not necessarily all sectors,” said ADP chief economist Nela Richardson.

At 10 am ET, the Commerce Department is due to release its report on new orders for manufactured goods in the month of February. Factory orders are expected to climb by 0.5 percent in February after jumping by 1.7 percent in January.

The Energy Information Administration is scheduled to release its report on oil inventories in the week ended March 28th at 10:30 am ET. Crude oil inventories are expected to fall by 2.0 million barrels after decreasing by 3.3 million barrels in the previous week.

At 4:30 pm ET, Federal Reserve Board Governor Adriana Kugler is due to speak on “Inflation Expectations and Monetary Policymaking” at the Griswold Center for Economic Policy Students and Julis-Rabinowitz Center for Public Policy and Finance 2025 Public Talk.