« previous next »
Pages: [1]   Go Down

Author Topic: Private sector adds just 77K jobs in February, well below expectations, ADP says  (Read 528 times)

0 Members and 1 Guest are viewing this topic.

Online mystery-ak

  • Owner
  • Administrator
  • ******
  • Posts: 401,692
Private sector adds just 77K jobs in February, well below expectations, ADP says
« on: March 05, 2025, 09:23:44 am »
 March 5, 2025 8:22am EST
Private sector adds just 77K jobs in February, well below expectations, ADP says
ADP releases private sector jobs data

  By Matthew Kazin FOXBusiness

Companies in the private sector added just 77,000 jobs in February, payroll processing firm ADP said on Wednesday.

The figure – the lowest since July – is well below economists’ estimates of 140,000 jobs and also more than the prior month’s upwardly revised reading of 186,000. Annual pay was up 4.7%, the same as the prior month, ADP said.

"Policy uncertainty and a slowdown in consumer spending might have led to layoffs or a slowdown in hiring last month," said Nela Richardson, ADP's chief economist. "Our data, combined with other recent indicators, suggests a hiring hesitancy among employers as they assess the economic climate ahead."

Leisure and hospitality added 41,000 positions, leading job creation in February. Professional and business services added 27,000 jobs, while financial activities and construction each contributed 26,000. Manufacturing and other services added 18,000 and 17,000 jobs, respectively.

more
https://www.foxbusiness.com/economy/private-sector-adds-just-77k-jobs-february-well-below-expectations-adp-says
Logged
Proud Supporter of Tunnel to Towers
Support the USO
Democrat Party...the Party of Infanticide

“Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.”
-Matthew 6:34

Online Wingnut

  • The problem with everything is they try and make it better without realizing the old way is fine.
  • Hero Member
  • *****
  • Posts: 21,241
  • Gender: Male
Re: Private sector adds just 77K jobs in February, well below expectations, ADP says
« Reply #1 on: March 05, 2025, 09:38:50 am »
Trumps fault.   :whistle:
Logged
You don’t become cooler with age but you do care progressively less about being cool, which is the only true way to actually be cool.

Online DB

  • Hero Member
  • *****
  • Posts: 10,133
Re: Private sector adds just 77K jobs in February, well below expectations, ADP says
« Reply #2 on: March 05, 2025, 09:41:03 am »
How about reporting how many of the "jobs" in previous finalized reports were government hires? All for the purpose of inflating job numbers in an election year. Because the private sector hiring was near zero.
Logged

Online Bigun

  • Hero Member
  • *****
  • Posts: 34,259
  • Gender: Male
  • Resistance to Tyrants is Obedience to God
    • The FairTax Plan
Re: Private sector adds just 77K jobs in February, well below expectations, ADP says
« Reply #3 on: March 05, 2025, 10:11:43 am »
Quote from: DB on March 05, 2025, 09:41:03 am
How about reporting how many of the "jobs" in previous finalized reports were government hires? All for the purpose of inflating job numbers in an election year. Because the private sector hiring was near zero.

Fun with numbers! Episode 19458
Logged
"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."
- J. R. R. Tolkien

Offline GtHawk

  • Hero Member
  • *****
  • Posts: 14,528
  • Gender: Male
  • Well EXCUSE me!
Re: Private sector adds just 77K jobs in February, well below expectations, ADP says
« Reply #4 on: March 05, 2025, 03:04:14 pm »
My daughter works for Dayforce, a Human Resources management company that is worldwide and she just told me that they are laying people off. Also my SIL works for a good sized construction company that is also laying people off, and that they have called a meeting for all the foreman, fortunately he has been contacted by five companies he used to work for about coming back to work so if they him off  he has a job waiting.
Logged
Pages: [1]   Go Up
« previous next »