The ADP National Employment Report for March 2026, released today, April 1, shows that private sector employment increased by 62,000 jobs, significantly exceeding economist expectations.
March 2026 Employment Highlights
- Job Growth: The addition of 62,000 roles beat the Dow Jones consensus forecast of 39,000.
- Revisions: February's job gains were revised upward to 66,000 from the initially reported 63,000.
- Sector Performance:
- Education and Health Services: Led the gains with 58,000 new positions.
- Construction: Added 30,000 jobs.
- Losing Sectors: Manufacturing shed 11,000 jobs, while Trade, Transportation, and Utilities lost 58,000.
- Business Size: Small establishments (fewer than 50 employees) dominated hiring, adding 85,000 jobs, while medium and large firms saw declines.
Pay Insights
- Job-Stayers: Annual pay growth held steady at 4.5% year-over-year.
- Job-Changers: Saw a boost in pay gains, rising to 6.6% (up from 6.3% in February).
Market Context
This data serves as a precursor to the Labor Department's more comprehensive official nonfarm payrolls report due this Friday, April 3. Analysts from Trading Economics and ADP Research Institute note that while hiring is steady, it remains highly concentrated in specific industries like healthcare.
Would you like to see a breakdown by region or more details on how these figures might impact Friday's official jobs report?
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