Private payrolls rose by 475,000 in February: ADP

U.S. private-sector employers brought back more jobs than expected in February as virus-related disruptions receded following the Omicron variants spread.

Private payrolls rose by 475,000 in February compared to January, ADP said Wednesday. Economists were looking for payrolls to grow by 375,000, according to Bloomberg consensus data.

February’s report also came alongside a sharp upward revision to January’s payrolls. In January, private sector employment rose by 509,000, ADP said in its…


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