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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Private payrolls add 63,000 jobs in February, ADP says
By Augusta Saraiva | Bloomberg News U.S. companies added the most jobs since July last month, adding to evidence of some stabilization in the labor market. Private-sector payrolls increased 63,000 in February after a downward revision to the prior month, according to ADP Research data out Wednesday. The median estimate in a Bloomberg survey of economists called for a 50,000 advance. The report points to a labor market that’s slowly finding its f…
February ADP Jobs Report Is In - Patriot Newsfeed
Private sector hiring continued at a modest pace in February, with companies adding 63,000 jobs, according to new data released Wednesday by payroll processor ADP. The figure slightly exceeded economists’ expectations, which had projected a gain of around 50,000 jobs. Despite the better-than-expected headline number, the report suggests the labor market remains uneven, with job creation concentrated in only a handful of sectors while several maj…
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