Private sector hiring rose modestly in March, with 62,000 jobs added, slightly exceeding expectations, according to ADP data reported by CNBC. The gains were driven largely by health care and construction, which accounted for most of the growth.
The report said education and health services contributed 58,000 jobs, while construction added 30,000. Other sectors such as information services and mining posted smaller increases.
However, losses in trade, transportation, utilities, and manufacturing offset some of the gains.
Private sector hiring totaled 62,000 in March, better than expected, ADP says https://t.co/IBeawdEm0X
— CNBC (@CNBC) April 1, 2026
Small businesses led hiring, adding 85,000 jobs, while medium and large firms reported declines. Wage growth remained stable, with job switchers seeing stronger increases.
Economists noted that job growth remains concentrated in a few sectors, raising questions about broader labor market strength.
The data comes ahead of the government’s official employment report, which is expected to show modest gains and a steady unemployment rate.
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TIPP Staff
