ADP Jobs +140K, but Part-Time Work Is Rising
ADPADP(ADP) Zacks Investment Research·2024-03-07 00:21

Wednesday, March 6th, 2024 Jobs Week gets underway in earnest this morning, with results for February private-sector payrolls from Automatic Data Processing (ADP) out more than an hour before the opening bell. A headline number of +140K is below consensus expectations of +150K, but still +29K month over month, from the upwardly revised +111K in January. Goods-producing jobs made up +30K of the positions filled last month, with the Services sector making up +110K. In terms of company size and February privat ...