Private companies added 63,000 jobs in February, January revised to just 11,000 additions, ADP says

[BumRushDaShow]

Source: CNBC

Published Wed, Mar 4 2026 8:15 AM EST Updated 17 Min Ago


Private sector hiring was a bit better than expected in February, though most of the job creation came from just two sectors, ADP reported Wednesday.

Companies added a seasonally adjusted 63,000 workers during the month, an improvement from the downwardly revised 11,000 in January and better than the Dow Jones consensus estimate for 48,000, according to the payrolls processing firm’s latest update.

Though the total beat expectations, the issue of breadth continued to be a problem for the labor market.

Education and health services, an industry that has been the primary driver for job creation, added 58,000 jobs for the month, easily leading all sectors. After that, construction contributed 19,000, with the two industries offsetting stagnant growth across most other sectors.

Read more: https://www.cnbc.com/2026/03/04/private-companies-added-63000-jobs-in-february-january-revised-to-just-11000-additions-adp-says.html

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This is the "3rd party" ADP that reports on "private sector jobs" (not all, which the fed's BLS will do this coming Friday).