Private Sector Employment Rose by 140,000 in February

Roseland, NJ, March 6, 2024-Private sector employment increased by 140,000 jobs in February, and annual pay was up 5.1% year-over-year, according to the February ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.

The goods-producing sector added 30,000 jobs, while the service-providing sector added 110,000.

Small establishments added 13,000 jobs, medium businesses added 69,000 and large businesses added 61,000.