Apr ADP - Private sector added 155,000 jobs in March

2025-04-30
Summary:

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.

ADP

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/GBP Climbs Above 0.8500 on BoE Cut Speculation

EUR/GBP Climbs Above 0.8500 on BoE Cut Speculation

EUR/GBP rises above 0.8500 as soft UK data boosts BoE rate cut bets, while hawkish ECB remarks provide support for the euro.

2025-06-13
​US wielding stick is bullion's power play

​US wielding stick is bullion's power play

As the decline of US dollar hegemony intensifies, US-China trade tensions ease but tariffs stay high, raising global economic risks.

2025-06-13
​British stocks set new high on soaring oil prices

​British stocks set new high on soaring oil prices

London's FTSE 100 hit an all-time high on Thursday, led by energy shares, but geopolitical concerns limited further gains compared to European peers.

2025-06-13