"February Private Sector Job Growth Falls Short of Expectations: ADP Report"
TL;DR Summary
Private sector job growth in February fell short of expectations, with companies adding 140,000 jobs, below the predicted 150,000. The leisure and hospitality sector saw the most job gains, while wage growth slowed to 5.1% annually. The data precedes the release of the more closely watched February jobs report from the Labor Department on Friday, which is expected to show employers hiring 200,000 workers. The unemployment rate is expected to remain at 3.7%.
- Private sector job growth rises less than expected in February: ADP Fox Business
- Private payrolls rose by 140,000 in February, less than expected, ADP reports CNBC
- US private payrolls gains slightly below expectations in February Reuters
- ADP says 140,000 private-sector jobs created in February. Labor market softening but still strong. MarketWatch
- US Companies Added 140000 Jobs in February, ADP Data Show Bloomberg
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