Private employers added 63,000 jobs in February, marking the strongest monthly gain since July 2025 and signaling a pickup in hiring momentum after a sluggish start to the year.
Private sector payrolls rose by 63,000 in February, surpassing expectations of around 50,000 and rebounding sharply from a revised 11,000 gain in January. Gains were concentrated in construction and education/health services, while manufacturing and professional/business services saw declines. Annual pay growth for job-stayers held steady at 4.5%. The report points to a labor market that … Read more