Private sector employment in the U.S. increased by slightly more than expected in the month of March, according to a report released by payroll processor ADP on Wednesday.ADP said private sector employment jumped by 455,000 jobs in March after surging by an upwardly revised 486,000 jobs in February.Economists had expected private sector employment to climb by 450,000 jobs compared to the addition ...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.