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International Business Times
International Business Times
Business
AFP News

INSANE: Us private sector hiring up less than expected in february | Vintage Vibes

Private sector employment grew less than expected by 140,000 jobs last month, according to payroll firm ADP (Credit: AFP)

Job gains in the US private sector picked up in February, payroll firm ADP said Wednesday, a sign that could give the Federal Reserve some pause as it mulls the timing of interest rate cuts.

Private sector employment grew by 140,000 jobs last month, less than analysts expected although up from a revised 111,000 figure in January.

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