McKnight’s Senior Living April 4, 2024
March saw the biggest jump in hiring since July 2023, according to the ADP National Employment Report Economy Lab report released Wednesday.
The report, which analyzes the payroll transactions of more than 25 million US workers, is produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.
Meanwhile, the Bureau of Labor Statistics said Tuesday that employers posted 8.76 million job vacancies in February, “up modestly from 8.75 million in January and about what economists had forecast,” according to the Associated Press.
At the same time, the number of layoffs increased slightly, to 1.7 million in February from 1.6 million in January, according to BLS’ monthly Job Openings and Labor Turnover Survey, or JOLTS.
Private-sector employment...
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