U.S. Private Sector Adds 198,000 Jobs In February, More Than Expected

ADP report hiring nowBy Christopher S. Rugaber

WASHINGTON -- A private survey shows U.S. businesses added a solid number of jobs in February, indicating higher taxes and looming government spending cuts have yet to slow hiring.

Payroll processor ADP says employers added 198,000 jobs in February. And the survey revised January's hiring figures to show companies added 215,000 jobs that month, 23,000 more than what had initially been reported. The ADP report is derived from actual payroll data and tracks total nonfarm private employment each month. The hiring suggests that higher taxes and looming government spending cuts didn't discourage employers from adding jobs.

The report suggests that the government's February jobs report, to be issued Friday, may come in above economists' forecasts. Analysts expect it will show a gain of 152,000 jobs.

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11 Comments

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monza866

Just imagine how many more jobs would be created if there was no new taxes and regulations imposed by our govt. We could get back on our feet if govt would get out of the way.

March 08 2013 at 7:39 AM Report abuse rate up rate down Reply
ddiribbons

Just think, Obama is cutting our military defense but increasing Egypt's. Also, I wonder why he doesn't cut the salaries of those particular employees with the Dept of Transportation with salaries of $170,000 or more?

March 07 2013 at 4:14 PM Report abuse rate up rate down Reply
ddiribbons

Wow! I thought sequestration was supposed to be the end of the world.

March 07 2013 at 4:07 PM Report abuse rate up rate down Reply
eddieboyeddie.gibson

Well, they only have 23 million more to go, too bad old trickle down did not stand by the pople when all those companies left for China, he sure was a prince of a man.

March 07 2013 at 10:56 AM Report abuse rate up rate down Reply
COMMON SENSE

We all know numberous companies are cutting employee hours to no more than 28 hours a week due to Obamacare. It would be interesting to see how many new jobs are part time jobs. Yes we will have a little more employment. How many of these jobs are under employment or less than 28 hour a week jobs.

March 07 2013 at 8:46 AM Report abuse -1 rate up rate down Reply
1 reply to COMMON SENSE's comment
ualfriend

its not obamacair its corporate greed anything they can do to screw you out of a dime they will

March 08 2013 at 6:06 AM Report abuse rate up rate down Reply
mrspelosi

Somey it would be a miracle if one day you could be included in these employment numbers darling. Perhaps you could at least try and get a job dear.

March 06 2013 at 8:05 PM Report abuse rate up rate down Reply
mrspelosi

badbadevan
After the effects of the sequester starts taking hold.

_____________________________________

Darling take your whining about the sequester right to President Obama. He is the one who started the whole thing and is what he wanted from the get go dear. I see that you still wander through life in a state of confusion doll. How unfortunate for you.

March 06 2013 at 6:14 PM Report abuse rate up rate down Reply
theycallmeroy3

This site works! Yea!

March 06 2013 at 4:35 PM Report abuse +1 rate up rate down Reply
1 reply to theycallmeroy3's comment
mrspelosi

I know darling. It appears that only a handful of people can post on the New Daily finance. I see that my dear friend Somey has been posting there and continues to exhibit his usual outlandish and outrageous
ridiculous comments, doll.

March 06 2013 at 6:17 PM Report abuse rate up rate down Reply
1 reply to mrspelosi's comment
beverlyamy1

you sure are a looker mrs.pelosi,woooooo.

March 07 2013 at 9:45 AM Report abuse rate up rate down
bambamsgolfcart

This will be adjusted down next month as usual.

March 06 2013 at 2:06 PM Report abuse rate up rate down Reply

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