The ADP National Employment Report on Wednesday also showed a moderation in wage growth for workers changing jobs.
Read More US private payrolls post smallest gain in seven monthsTag: Private payrolls
US weekly jobless claims fall to 11-month low as labor market remains stable
The number of Americans filing new applications for unemployment benefits fell to an 11-month low last week, pointing to a stable labor market.
Read More US weekly jobless claims fall to 11-month low as labor market remains stableUS weekly jobless claims rise as labor market gradually slows
Ebbing labor market momentum, together with abating inflation pressures, keep the Federal Reserve on track to start cutting interest rates this year.
Read More US weekly jobless claims rise as labor market gradually slowsUS private payrolls post largest gain in eight months in March
U.S. private payrolls increased more than expected in March, pointing to continued labor market strength.
Read More US private payrolls post largest gain in eight months in March