Private companies added 63,000 jobs in February, January revised to just 11,000 additions, ADP says
Key Points - Companies added 63,000 workers in February, an improvement from the downwardly revised 11,000 in January and better than the consensus estimate for 48,000. - Most of the hiring came in just two sectors: health services and construction. Job growth in other sectors either was flat or lower. - Pay grew 4.5% for those staying in their jobs while wage gains for job switchers moved down to 6.3%, the smallest gap since ADP began tracking the metric. https://www.cnbc.com/2026/03/04/private-companies-added-63000-jobs-in-february-january-revised-to-just-11000-additions-adp-says.html?__source=newsletter%7Cbreakingnewshttps://www.cnbc.com/2026/03/04/private-companies-added-63000-jobs-in-february-january-revised-to-just-11000-additions-adp-says.html?__source=newsletter%7Cbreakingnews