U.S. businesses created just 77,000 new jobs in February, payroll company ADP said, in a sign the economy could be slowing as businesses weighed how to respond to President Donald Trump’s tariffs.
The figure reported on Wednesday is well below economists’ estimates of 140,000 jobs and also more than the prior month’s upwardly revised reading of 186,000.
Economists had forecast a 146,000 gain but instead ADP showed the smallest gain in employment since July. It was also a sharp reversal from the upwardly revised 186,000 jobs added in January.
Private payroll company ADP reported Wednesday that 77,000 private sector jobs were added in February. It was far below the Dow Jones consensus expectation of 170,000 amid worries the Trump ...
U.S. businesses created just 77,000 new jobs in February, payroll company ADP said, in a sign the economy could be slowing as businesses weighed how to respond to President Donald Trump's tariffs.
Stock futures wavered on Wednesday after ADP said private sector hiring slowed in February. Private sector employment rose by just 77,000 jobs, compared to an upwardly revised 186,000 jobs in January.
The ADP Employment Change, and the US labour market, take centre stage this week. The US private sector is seen adding 140K new jobs in February. The US Dollar Index continues to trade in the ...
ADP says employers added 77,000 jobs last month, compared to consensus forecast of 148,000 in a Wall Street Journal survey. January figure was revised to 186,000 from 183,000. Annual pay was up 4. ...
Sun, 09 Mar 2025 05:55:04 GMT In November 2023, the U.S. private sector experienced moderate job growth, adding 103,000 new positions, as reported by the ADP National Employment Reportâ„¢.
According to ADP, 77,000 private sector jobs were created in February and annual pay was up 4.7%. That was the smallest job growth since July. Advertisement It was far below the Dow Jones ...