ADP: "Modern Economy" firms increased employment by nearly 4%

"Modern Economy" firms, i.e. companies, which use new technologies and outsourcing, increased their employment by 3.92 percent in Q1 2016 y/y, according to a report by ADP. The highest employment growth (7.05 percent) was recorded by companies from the manufacturing sector with more than 500 workers. Entities operating in the services sector increased their employment by 2.51 percent, the report indicated.