Economists surveyed by Reuters had forecast the ADP National
Employment Report would show a gain of 190,000 jobs, with
estimates ranging from 150,000 to 247,000.
Private payroll gains in the month earlier were revised up to
261,000 from an originally reported 246,000 increase.
The report is jointly developed with Moody's Analytics.
The ADP figures come ahead of the U.S. Labor Department's more
comprehensive non-farm payrolls report on Friday, which includes
both public and private-sector employment.
Economists polled by Reuters are looking for U.S. private
payroll employment to have grown by 193,000 jobs in February,
down from 237,000 the month before. Total non-farm employment is
expected to have changed by 190,000.
The unemployment rate is forecast to tick down to 4.7 percent
from the 4.8 percent recorded a month earlier.
[© 2017 Thomson Reuters. All rights
reserved.] Copyright 2017 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
![](column_spacer.png) |
|