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2018.04.0408:20:00UTC+00U.S. Private Sector Job Growth Exceeds Estimates In March

Private sector employment in the U.S. increased by more than expected in the month of March, according to a report released by payroll processor ADP on Wednesday.

ADP said employment surged up by 241,000 jobs in March after jumping by an upwardly revised 246,000 jobs in February.

Economists had expected an increase of about 205,000 jobs compared to the addition of 235,000 jobs originally reported for the previous month.

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