Private sector added 155,000 jobs in March, with wages up 4.6%, easing concerns about a labor market and economic slowdown.
Apr ADP
30/4/2025 (Wed)
Previous:155k Forecast: 108k
Private sector employment increased by 155,000 jobs in March and annual pay was up 4.6% year-over-year, the ADP showed, countering fears that the labour market and economy are slowing.
That marked a sharp increase from the upwardly revised 84,000 in February and better than the consensus forecast for 120,000. Service providers were responsible for most of the positions.
Disclaimer: This material is for general information purposes only and is not intended as (and should not be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by EBC or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.
EUR to USD fell 1.3% after a US-EU trade deal raised concerns over Europe's long-term growth, shifting sentiment in favour of the dollar.
2025-07-29Tech earnings from Meta, Microsoft, Amazon, and Apple could swing markets this week as investors weigh supply chain shifts and global trade challenges.
2025-07-29The Australian dollar stayed flat on Tuesday after Trump warned of 15%-20% tariffs on partners without separate trade deals.
2025-07-29