WASHINGTON (AP) — A survey shows U.S. companies added fewer jobs in March compared with the previous month, as construction firms held off on hiring after three months of solid gains.
Private employers added 158,000 jobs last month, payroll processor ADP said Wednesday. That's down from February's gain of 237,000 and January's 177,000.
Construction companies didn't add any jobs in March, after average monthly gains of 29,000 in the previous three months.
Mark Zandi, chief economist at Moody's Analytics, said the hiring surge during the previous months likely reflected a jump in rebuilding after Superstorm Sandy. Moody's helps compile the monthly report with ADP.
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