US private sector added jobs in February in sign of stabilisation

US president Donald Trump. Photo: AP Photo/Mark Schiefelbein

Last month, US companies added the most jobs since July, adding to evidence of some stabilisation in the labour market.

Private-sector payrolls increased 63,000 in February after a downward revision to the prior month, according to ADP Research data. The median estimate in a Bloomberg survey of economists called for a 50,000 advance.

source

Leave a Reply

Your email address will not be published. Required fields are marked *