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February ADP US Private Payrolls Rise More Than Expected Ahead of BLS Data

BY MT Newswires | ECONOMIC | 08:29 AM EST

08:29 AM EST, 03/04/2026 (MT Newswires) -- ADP's monthly measure of private payrolls showed a 63,000 increase in February, higher than expectations compiled by Bloomberg for an increase of 50,000.

The February increase followed a downwardly revised 11,000-jobs gain in January.

By sector, goods-producing jobs rose by 16,000, while service-providing jobs were up 47,000, with education and health services jobs up 58,000.

"We've seen an increase in hiring and pay gains remain solid, especially for job-stayers," said Nela Richardson, chief economist at ADP, adding that hiring was concentrated in only a few sectors, resulting in little pay benefit from switching jobs.

"In fact, the pay premium for switching employers hit a record low in February," Richardson said.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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