U.S. private sector employers added more jobs than expected last month in a sign of steady improvement in the labor market, ahead of the closely watched non-farm payrolls from the U.S. Labor Department on Friday.
NEW YORK (Reuters) - Private employers added 198,000 jobs in February, the biggest increase in a year and another sign of improvement in the labor market, a report by a payrolls processor showed on Wednesday.
NEW YORK (Reuters) - Businesses added 209,000 jobs in March, suggesting the recent improvement in the labor market continuing, a report by a payrolls processor showed on Wednesday. The ADP National Employment Report was slightly above economists' expectations for a gain of 200,000 jobs. Analysts said it did not change their forecasts for the government's more comprehensive labor market report due on Friday, which includes both public and private sector employment. Job gains for January and February were also revised up to 182,000 and 230,000, respectively. ...
Matteo Radaelli submits: Our estimates on U.S. economic data due for release during the next week:Chicago PMI (Monday, Jan. 31), ISM manufacturing index (Tuesday, Feb. 2) – Both the Chicago PMI and the ISM manufacturing index rose in December – to 66.8 and 57 respectively – confirming that the short term outlook for the industrial sector remains positive.