Private payrolls below expectations at 145K in March ...Middle East

Private employers added only 145,000 new jobs in March, well below expectations and a possible sign that the economy may be slowing down after months of strong economic growth, according to ADP, which tracks economic indicators.  The monthly ADP National Employment Report found consumer demand dropped as the cost of borrowing increased last month. The Federal Reserve has consistently raised interest rates over the past year to try to get high inflation under control, but some economic experts have warned that those actions could cause an economic downturn.  “Our March payroll data is one of several signals that the economy is slowing," ADP Chief Economist Nela Richardson said in a r

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