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ADP National Employment Report Increased by 117,000 jobs in February
Private sector employment increased by 117,000 jobs from January to February according to the February ADP® National Employment Report. “The labor market continues to post a sluggish recovery across the board,” said Nela Richardson, chief economist, ADP. “We’re seeing large-sized companies increasingly feeling the effects of COVID-19, while job growth in the goods producing sector pauses. With the pandemic still in the driver’s seat, the service sector remains well below its pre-pandemic levels; however, this sector is one that will likely benefit the most over time with reopenings and increased consumer confidence.”
Posted: March 3, 2021 Wednesday 08:15 AM