"ADP Reports Weaker-Than-Expected Private Sector Job Growth in February"
TL;DR Summary
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.
- ADP says 140,000 private-sector jobs created in February. Labor market softening but still strong. MarketWatch
- Private payrolls rose by 140,000 in February, less than expected, ADP reports CNBC
- Private sector job growth rises less than expected in February: ADP Fox Business
- US private payrolls gains slightly below expectations in February Reuters
- US Companies Added 140000 Jobs in February, ADP Data Show Bloomberg
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