Private businesses in the United States hired 129 thousand workers in March 2019, fewer than an expected 170 thousand increase and compared to February's 197 thousand gain. It was the smallest payroll increase since September 2017. The service-providing sector added 135 thousand jobs, driven mainly by education & health (56 thousand), professional & business (41 thousand), leisure & hospitality (13 thousand), information (11 thousand), and trade, transportation & utilities (9 thousand). Still, employment in financial activities dropped 1 thousand. Meanwhile, the goods-producing sector shed 6 thousand jobs, mainly in the construction (-6 thousand) and manufacturing sectors (-2 thousand), while an increase was seen in natural resources & mining employment (2 thousand). ADP Employment Change in the United States averaged 77.12 Thousand from 2001 until 2019, reaching an all time high of 360 Thousand in February of 2006 and a record low of -706 Thousand in February of 2009.
ADP Employment Change in the United States is expected to be 190.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate ADP Employment Change in the United States to stand at 180.00 in 12 months time. In the long-term, the United States ADP Employment Change is projected to trend around 150.00 Thousand in 2020, according to our econometric models.