US March ADP employment +184K vs +148K expected ...Middle East

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US March ADP employment +184K vs +148K expected
ADP employmentPrior was +140K (revised to +155K)Full reportThe median change in annual pay:Job stayers 5.1% versus 5.1% last monthJob changers 10.1% versus 7.6% last monthThis is the best reading since July and has led to some modest USD bids and Treasury selling. The largest increases were in construction, financial services and manufacturing. The South and West regions were the top hirers.This adds some upside risks to non-farm payrolls but the two surveys haven't exactly been aligned."March was surprising not just for the pay gains, but the sectors that recorded them. The three biggest increases for job-changers were in construction, financial services, and manufacturing. Inflation has be

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