Partly reflecting strong job growth in the trade, transportation and utilities sector, payroll processor ADP released a report on Wednesday showing slightly stronger than expected U.S. private sector job growth in the month of March.

ADP said private sector employment increased by 200,000 jobs in March after jumping by a downwardly revised 205,000 jobs in February.

Economists had expected employment to climb by about 195,000 jobs compared to the addition of 214,000 jobs originally reported for the previous month.

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