Breaking: US private sector employment rises by 145K in March vs. 200K expected – by FXstreetNews Breaking Employment UnitedStates Macroeconomics EconomicIndicator
ing came in below than the market expectation of 200,000. On a positive note, February's print of 242,000 got revised higher to 261,000.
Commenting on the data,"our March payroll data is one of several signals that the economy is slowing,” said Nela Richardson, chief economist, ADP."Employers are pulling back from a year of strong hiring and pay growth, after a three-month plateau, is inching down."With the initial reaction, the US Dollar lost its recovery momentum and the US Dollar Index was last seen trading flat on the day at 101.55.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Game Day: March Madness stars march onLamont Butler, Angel Reese and Caitlin Clark are all expected to be back for another college basketball season.
Read more »
Look: The Week in Pictures photo gallery for March 27-April 2, 2023The Week in Pictures photo gallery reminds you of baseball's opening day and community donation events in the suburbs.
Read more »
Caitlin Clark breaks records galore during historic March Madness run | CNNWhile the LSU Tigers took home their first-ever NCAA women’s basketball championship, there was one player who stole the show throughout March Madness.
Read more »
XPeng EV Sales Cut In Half In March 2023XPeng global electric vehicle deliveries continued to decrease in March. Last month, the company delivered 7,002 EVs, which is nearly 55% less than a year ago.
Read more »
Canada: S&P Global Manufacturing PMI declines to 48.6 in March vs. 51.7 expectedCanada: S&P Global Manufacturing PMI declines to 48.6 in March vs. 51.7 expected – by eren_fxstreet Canada Manufacturing PMI EconomicIndicator Macroeconomics
Read more »
US: ISM Manufacturing PMI declines to 46.3 in March vs. 47.5 expectedUS: ISM Manufacturing PMI declines to 46.3 in March vs. 47.5 expected – by eren_fxstreet Manufacturing PMI EconomicIndicator UnitedStates Macroeconomics
Read more »