US Companies Added 63,000 Jobs in February, ADP Says (Correct)

US companies added the most jobs since November last month, adding to evidence of some stabilization in the labor market.

Private-sector payrolls increased 63,000 in February after a downward revision to the prior month, according to ADP Research data out Wednesday. The median estimate in a Bloomberg survey of economists called for a 50,000 advance.

The report points to a labor market that’s slowly finding its footing after near-zero job creation in 2025. A year into President Donald Trump’s second term, some employers are ramping up hiring now that there’s more clarity around his economic policies. ...