A hint for Friday's NFP

The US yesterday began to publish reports on the state of the employment market for March. The ADP report on the number of jobs in the private sector has already come out and was pleasantly surprised by its content. Thus, the indicator increased by 263 thousand against the forecast of 187 thousand and the previous indicator of 245 thousand (revised for a decrease from the first estimate of 298 thousand). The components of the ADP report say that employment is most noticeable in enterprises where the number of employees is up to 500 people.

Before the publication of the release, there were doubts that the private sector would repeat the fantastic figures of the previous month. But even with a review of the fall in February data and today's parameters, the picture looks more than optimistic - the business hires employees. This means that medium-sized enterprises and companies are not afraid of tomorrow.