Private sector adds better-than-expected 62k jobs in March [Yahoo! Finance]
NerdWallet, Inc. - Class A (NRDS)
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Source: Yahoo! Finance
“Overall hiring is steady, but job growth continues to favor certain industries,” said Dr. Nela Richardson, the chief economist of ADP The report found: 58,000 jobs added in education and health services 16,000 jobs added in information 11,000 jobs added in natural resources and mining 30,000 jobs added in construction 11,000 jobs shed in manufacturing 58,000 jobs shed in trade, transportation, and utilities, Also notable: business and professional services added 1,000 jobs in March, a turnaround from February's numbers , when the industry shed a whopping 30,000 jobs. Still, the ADP report describes an economy heavily reliant on healthcare job gains from an aging population, which isn't the greatest sign of economic health. “Workers have found no shortage of healthcare jobs for some time now, but if your skills and experience aren't in this sector, you're likely facing a tough time should you be job searching,” said Elizabeth Renter, senior economist at NerdWallet
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