Payroll

It was the first hiring increase so far this year, according to Paychex, though it remained below pre-pandemic levels.

Private sector employers added 184,000 jobs in March as annual pay rose 5.1% year over year, payroll company ADP reported.

The unemployment rate increased two-tenths of a point to 3.9% and the BLS revised downward the job numbers for December and January, indicating some softening in the labor market.

The service-providing sector added 110,000 jobs for the month, including 5,000 in professional and business services such as accounting and tax preparation.

Year-over-year hourly earnings growth for U.S. workers moderated slightly in February, continuing a trend that began mid-2022, while small business job growth held steady.

The jobs report far surpassed most economists' expectations, but the unemployment rate held steady at 3.7%.

ADP announced the launch of ADP Assist, a generative AI assistant.

Hourly earnings growth for employees is slowing, even as job growth continues, according to a new report from Paychex.

Private sector employers added 107,000 jobs in January as annual pay grew 5.2% on a year-over-year basis, payroll giant ADP reported.

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The unemployment rate remained unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported.

The service-providing sector added 155,000 jobs, including 1,000 in professional and business services.

Nearly half the states are increasing their minimum wages this year, boosting the pay of an estimated 9.9 million workers, according to the Economic Policy Institute.

The average pace of job growth in 2023 remained above the growth rate leading up to the pandemic.

The unemployment rate declined two-tenths of a point to 3.7% in a sign of a strong economy despite high interest rates.

Annual pay rose 5.6% year-over-year, payroll giant ADP reported, seeing signs of a hiring slowdown for next year.

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The pace of hourly earnings growth and hiring slowed down at small businesses, payroll processor Paychex reported.