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"ADP Reports Weaker-Than-Expected Private Sector Job Growth in February"

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Source: MarketWatch
"ADP Reports Weaker-Than-Expected Private Sector Job Growth in February"
Photo: MarketWatch
TL;DR

ADP reported that American businesses added 140,000 new jobs in February, slightly below economists' forecast of 150,000, indicating a potential softening in labor market demand after last year's hiring surge. Despite this, job gains are still solid and pay gains, while trending lower, remain above inflation.

Topics:businesseconomy-and-politics#adp#economic-report#economy-and-politics#job-gains#labor-market#private-sector-jobs
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  1. ADP says 140,000 private-sector jobs created in February. Labor market softening but still strong.  MarketWatch
  2. Private payrolls rose by 140,000 in February, less than expected, ADP reports  CNBC
  3. Private sector job growth rises less than expected in February: ADP  Fox Business
  4. US private payrolls gains slightly below expectations in February  Reuters
  5. US Companies Added 140000 Jobs in February, ADP Data Show  Bloomberg

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