U.S. private employers added 191,000 workers in March, according to the ADP National Employment Report. Economists surveyed by Reuters likely showed a gain of 195,000 jobs.
"Bottom line, 191,000 was certainly a rebound from the past two months where job growth averaged 150,000 but 191,000 is little changed from the 2013 average of 187,000 and I think people were hoping for a bigger bounce back," wrote Peter Boockvar, managing director at The Lindsey Group.
The ADP report came ahead of the monthly government jobs report, due Friday. Economists polled by Reuters expect a gain of 197,000 new jobs in March. The U.S. created 175,000 jobs in February, exceeding expectations.
Later in the session, factory orders for February will be reported at 10 am ET. Analysts polled expect an increase of 1.2 percent.
Weekly mortgage applications declined amid lower financing demand, according to the Mortgage Bankers Association.