Investing.com - U.S. non-farm private employment rose less-than-expected in March, underlining concerns over the fragile U.S. economic recovery, industry data showed on Wednesday.
In a report, payroll processing firm ADP said non-farm private employment rose by a seasonally adjusted 158,000 in March, below expectations for an increase of 200,000.
The previous month's figure was revised up to a gain of 237,000 from a previously reported increase of 198,000.
While not viewed as a reliable guide for the government jobs report due Friday, it does give guidance on private-sector hiring.
Following the release of the data, the U.S. dollar held on to losses against the euro, with EUR/USD easing up 0.13% to trade at 1.2834.
Meanwhile, U.S. stock index futures trimmed modest gains. The Dow Jones Industrial Average futures indicated a gain of 0.1% at the open, S&P 500 futures advanced 0.1%, while the Nasdaq 100 futures indicated a rise of 0.1% at the open.
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