Wednesday, March 6, 2013

Private sector adds 198,000 jobs in February: ADP















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Job seekers adjust their paperwork as they wait in line to attend a job fair in New York February 28, 2013. REUTERS/Lucas Jackson

Job seekers adjust their paperwork as they wait in line to attend a job fair in New York February 28, 2013.


Credit: Reuters/Lucas Jackson






NEW YORK | Wed Mar 6, 2013 8:21am EST



NEW YORK (Reuters) – Private employers added 198,000 jobs in February, the biggest increase in a year and another sign of improvement in the labor market, a report by a payrolls processor showed on Wednesday.



Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 170,000 jobs. January’s private payrolls were revised up to an increase of 215,000 from the previously reported 192,000.



The report is jointly developed with Moody’s Analytics.



(Reporting By Steven C. Johnson; Editing by Chi u Nomiyama)



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