U.S. ADP Private Payrolls Beat Estimates in March, Signalling Labor Resilience
U.S. private-sector employment increased by 62,000 jobs in March, significantly outperforming the market expectation of 40,000.
Education and health services led the gains with 58,000 new positions, while manufacturing saw a decline of 11,000 roles.
The stronger-than-expected data suggests a resilient labor market, potentially giving the Federal Reserve more room to maintain higher interest rates for longer.
The U.S....
