US March ADP employment 241K vs 210K expected

US private payrolls from ADP

  • Prior was 235K (revised to 246K)
  • Range of estimates 110K-280K
  • Trade/transport +40k
  • Construction +31k
  • Manufacturing +29k
  • Leisure/hospitality +26k

The jobs are definitely there, now to see if the higher wages are coming.

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