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- TsokaeTsokae
  ·2021-03-03
  Nicr
  Private payrolls increase 117,000 in February, vs 225,000 estimate, ADP says
  KEY POINTS Private payrolls increased 117,000 in February, below the 225,000 Dow Jones estimate. Th
  Private payrolls increase 117,000 in February, vs 225,000 estimate, ADP says
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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPrivate payrolls increase 117,000 in February, vs 225,000 estimate, ADP says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-03 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/03/adp-private-payrolls-february-2021.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nPrivate payrolls increased 117,000 in February, below the 225,000 Dow Jones estimate.\nThe total also was a decline from the upwardly revised 195,000 in January.\nServices accounted for all ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/03/adp-private-payrolls-february-2021.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/03/03/adp-private-payrolls-february-2021.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1113910269","content_text":"KEY POINTS\n\nPrivate payrolls increased 117,000 in February, below the 225,000 Dow Jones estimate.\nThe total also was a decline from the upwardly revised 195,000 in January.\nServices accounted for all of the gains, led by trade, transportation and utilities.\n\nPrivate payroll growth disappointed in February despite otherwise encouraging signs of economic growth, according to a report Wednesday from ADP.\nCompanies added just 117,000 positions for the month, well below the 225,000 forecast from economists surveyed by Dow Jones.\nThe total also represented a sharp decline from the upward revised 195,000 jobs in January.\nThe weak ADP reading comes despite solid projections for economic growth in the first quarter. According to the Atlanta Federal Reserve's GDPNow tracker, the U.S. is on track for a 10% gain to start 2021.\n\"The labor market continues to post a sluggish recovery across the board,\" said Nela Richardson, chief economist at ADP. \"We're seeing large-sized companies increasingly feeling the effects of COVID-19, while job growth in the goods producing sector pauses.\"\nAll of the net job growth came from the services side.\nTrade, transportation and utilities led sectors last month with the addition of 48,000 positions. Education and health services increased 35,000, while the battered hospitality industry, which took the worst of the pandemic-related hit, added just 26,000 jobs. The sector is down 3.8 million positions from where it stood a year ago, just before the worst of the Covid-19 crisis hit.\nProfessional and business services contributed 22,000 to the total.\nManufacturing lost 14,000 jobs for the month while construction rolls decreased by 3,000.\n“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,” Richardson said.\nCompanies with between 50 and 499 employees saw the greatest growth, with 57,000 new jobs, while small businesses added 32,000 and large firms contributed 28,000.\nThough the figures can differ widely, the ADP survey sometimes can provide clues to the more closely watched nonfarm payrolls report that the Labor Department releases each month.\nJanuary produced just 49,000 nonfarm jobs, according to the government, well below the ADP estimate, which is compiled with Moody’s Analytics. The February government report is expected to show a gain of 210,000, according to Dow Jones estimates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}