ADP report: private sector added 212,000 jobs in February

Market news

4 March 2015

ADP report: private sector added 212,000 jobs in February

Private sector in the U.S. added 212,000 jobs in February, according the ADP report on Wednesday.

January's figure was revised up to 250,000 jobs from a previous reading of 213,000 jobs.

Analysts expected the private sector to add 219,000 jobs.

Official labour market data will be released on Friday. Analysts expect that U.S. unemployment rate is expected to decline to 5.6% in February from 5.7% in January. The U.S. economy is expected to add 241,000 jobs in February.

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