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Private sector added 63,000 jobs in February, above expectations, ADP says

Hiring gains were led by education, health services, and construction with 63,000 jobs added; pay for job-stayers rose 4.5% year-over-year, ADP reported.

  • On March 4, 2026 ADP Research reported private-sector employment increased by 63,000 in February, surpassing expectations.
  • Hiring concentrated in education and health services and construction, with these industries driving growth and limiting breadth, ADP said Wednesday.
  • Detailed breakdown shows education and health services added 58,000 jobs, construction gained 19,000, professional and business services lost 30,000, manufacturing lost 5,000, and small establishments added 60,000.
  • Ahead of Friday's NFP, traders and the CME Group's FedWatch tracker expect the next Fed rate cut no earlier than July, with Wall Street economists forecasting a 50,000-job gain.
  • ADP noted pay for job‑stayers was unchanged year‑over‑year and pay growth for job‑changers slowed to 6.3%, based on anonymized payroll data covering more than 26 million employees and Pay Insights of over 15 million pay observations.
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channelchek.com broke the news in on Wednesday, March 4, 2026.
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