Investing.com - U.S. non-farm private employment rose much than expected for the second straight month in March, boosting optimism over the health of the labor market, industry data showed on Wednesday.
Payroll processing firm ADP said non-farm private employment rose by a seasonally adjusted 263,000 last month, easily surpassing forecasts for an increase of 187,000.
The economy created 245,000 jobs in February, downwardly revised from a previously reported increase of 298,000.
While not viewed as a reliable guide for the government jobs report due on Friday, April 7, it does give guidance on private-sector hiring.
The US dollar index, which tracks the greenback against a basket of six major rivals, was at 100.42, compared to 100.34 ahead of the report.
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