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BumRushDaShow

(150,614 posts) Wed Apr 2, 2025, 08:32 AM Apr 2

Private companies added 155,000 jobs in March, more than expected, ADP says

Source: CNBC

Published Wed, Apr 2 2025 8:15 AM EDT

Private payroll gains were stronger than expected in March, countering fears that the labor market and economy are slowing, according to a report Wednesday from ADP.

Companies added 155,000 jobs for the month, a sharp increase from the upwardly revised 84,000 in February and better than the Dow Jones consensus forecast for 120,000, the payrolls processing firm said.

The upside surprise comes amid worries that President Donald Trump’s aggressive tariffs could deter firms from adding to headcount and in turn slow business and consumer activity. Trump is set to announce the next step in his trade policy Wednesday at 4 p.m.

Hiring was fairly broad based, with professional and business services adding 57,000 workers while financial activities grew by 38,000 as tax season heats up. Manufacturing contributed 21,000 and leisure and hospitality added 17,000.

Read more: https://www.cnbc.com/2025/04/02/adp-jobs-report-march-2025-.html

This is the 3rd party entity ADP who tracks private employment. The government unemployment release comes out Friday.

9 replies

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Private companies added 155,000 jobs in March, more than expected, ADP says (Original Post) BumRushDaShow Apr 2 OP

When do Krasnov's numbers come out? gab13by13 Apr 2 #1

Friday. It's always Wednesday for the ADP report and Friday for the BLS report, in the one week per month progree Apr 2 #2

I want to believe, but honestly anything coming out of............. Lovie777 Apr 2 #3

This report isn't a government one BumRushDaShow Apr 2 #5

So I guess Trump won't be threatening them this morning or extorting money from them.... Bengus81 Apr 2 #7

Will have to see what happens Friday BumRushDaShow Apr 2 #8

This message was self-deleted by its author Bernardo de La Paz Apr 2 #9

I expect there was a bunch of hiring to import and move stuff to beat the tariff taxes Bernardo de La Paz Apr 2 #4

It will take months of these massive tariffs to do harm. Trump still has a Biden economy Bengus81 Apr 2 #6

gab13by13

(27,584 posts)

1. When do Krasnov's numbers come out?

Reply to BumRushDaShow (Original post)

Wed Apr 2, 2025, 08:38 AM

Apr 2

progree

(11,811 posts)

2. Friday. It's always Wednesday for the ADP report and Friday for the BLS report, in the one week per month

Reply to gab13by13 (Reply #1)

Wed Apr 2, 2025, 08:44 AM

Apr 2

that both come out.

Reuters: https://finance.yahoo.com/news/us-private-payrolls-accelerate-march-122217465.html

Expectations for the Friday BLS report is 135k jobs (Feb was 151k jobs), And no change in unemployment rate

"There is no correlation between the ADP and BLS employment report."

Lovie777

(17,887 posts)

3. I want to believe, but honestly anything coming out of.............

Reply to BumRushDaShow (Original post)

Wed Apr 2, 2025, 09:05 AM

Apr 2

this corrupt administration tenure and reading that senate republicans are overruling the Parliamentarian to pass trillion dollars tax cuts for the wealthy and have told that republicans will lie about the numbers to reflect the lie and we the actual payers will pay more taxes angers me to no end.

BumRushDaShow

(150,614 posts)

5. This report isn't a government one

Reply to Lovie777 (Reply #3)

Wed Apr 2, 2025, 09:25 AM

Apr 2

but a private HR/payroll processing services entity - ADP (Automatic Data Processing) - who tracks and reports on the employment numbers of their subscribers (which are private companies).

Bengus81

(8,665 posts)

7. So I guess Trump won't be threatening them this morning or extorting money from them....

Reply to BumRushDaShow (Reply #5)

Wed Apr 2, 2025, 09:36 AM

Apr 2

BumRushDaShow

(150,614 posts)

8. Will have to see what happens Friday

Reply to Bengus81 (Reply #7)

Wed Apr 2, 2025, 09:47 AM

Apr 2

for the government Unemployment numbers...

Don't know what his relationship is with ADP but I guess he could sic his DOGE boys on them.

Response to Bengus81 (Reply #7)

Bernardo de La Paz This message was self-deleted by its author.

Bernardo de La Paz

(54,585 posts)

4. I expect there was a bunch of hiring to import and move stuff to beat the tariff taxes

Reply to BumRushDaShow (Original post)

Wed Apr 2, 2025, 09:17 AM

Apr 2

Or this might be the results of investments made in November into January based on business optimism over the election of a supposedly "business-friendly" administration and Congress.

Bengus81

(8,665 posts)

6. It will take months of these massive tariffs to do harm. Trump still has a Biden economy