Economy

ADP private payrolls March 2021 hiring bursts at fastest pace since September

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Waiter Boris Macquin serves customers behind plexiglass outside at Figaro Bistro on the first day Los Angeles County allows indoor seating since the coronavirus pandemic on March 15, 2021 in Los Angeles, California.

Gina Ferazzi | Los Angeles Times | Getty Images

Private payrolls in March expanded at the fastest pace since September as anticipation of a strong economic rebound coupled with aggressive vaccination rates pushed companies to hire, according to a report Wednesday from payroll processing firm ADP.

Companies added 517,000 workers for the month, a healthy spike from the 176,000 in February though just below the 525,000 Dow Jones estimate as well as some highly optimistic calls for…



Source cnbc.com

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