ADP Report Says 217,000 Non-Government Jobs Created

Payroll services provider ADP released its monthly ADP Employer Services Report today showing that the private sector created 217,000 jobs in the US for the month of February. A Reuters poll expected the number to be closer to 175,000.

The government’s main employment report, the Non-Farm Payroll, is due this Friday morning. It is expected to confirm a rise in job creation with 185,000 non-farm positions and 190,000 in the private payrolls.

Source: Reuters

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.