The U.S. economy enjoyed another “rip-roaring” month of job creation in March, according to a new survey.
The Independent reported that the National Employment Report by ADP Research Institute estimated that the American private sector added 241,000 net new jobs in the month, following on from 246,000 in February.
That was better than the 205,000 Wall Street had been expecting.
“The job market is rip-roaring,” said Mark Zandi of Moody’s Analytics about the figures. “Monthly job growth remains firmly over 200,000, double the pace of labor force growth. The tight labor market continues to tighten.”
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