US ADP Jobs Report Beats Forecast.......
The latest ADP payrolls report surprised on the upside. U.S. private-sector employment increased by 63,000 in February, well above expectations and the strongest monthly gain since mid-2025. Hiring was broad-based (led by construction and education/health services) despite weakness in
manufacturing .
This suggests ongoing labor demand even after the weak January figures.
Economists say the strong ADP print signals a resilient job market. Fed watchers note that such reports could delay rate cuts; but with mixed inflation signals, the Fed is likely to remain data-dependent. The ADP result will be scrutinized ahead of Friday’s official BLS jobs data. ..
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